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Elliott Wave Charting
Usd/Jpy
Jpy currency is the strongest across the board against the Usd, as Usd/Jpy fell for more than 200 pips in the second part of the past week, which accelerated the Jpy rally against the other major currencies as well.
The top on Usd/Jpy was hit at 91.27, where the decline started. A current short, impulse wave looks unfinished and there should follow another push to new lows, before a five wave rally may complete. A move down to the 88.30 support zone is expected.
TheLFB Charting: Usd/Jpy 2h view
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