USD/JPY: weekly wave analysis

By Roman Petuchov

Daily. Corrective wave (IV) has been constructed last week. The bullish impulse (V) began soon afterwards. Prices will return to growth in the coming days.

H4. Wave (IV) has been complete by a bearish zigzag [Z]. We see a beginning of a bullish impulse wave. It will be developped further on the new week.

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