Usd/Jpy Ready to Hit 78Top ↑ July 21 2011 As expected, Usd/Jpy broke lower in the past week, from wave B) consolidation, which found a top at 81.47. From there we are monitoring an impulsive price action within wave C) which is still incomplete. Currently, the price is slow around the lows, which we believe its a corrective, sideways move, labelled as a wave 4. As such, we anticipate another push lower, which will be wave 5 of C). ![]() Do you like analysis you see here? Check our full service package here. Price: just 45€ per month or 110€ per 3-months.
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