Calculate the rebound target for USD/JPY (US Dollar/Japanese Yen) using the new feature (Points & Figures and Elliott Wave Theory)
The previous article is “USD/JPY (US Dollar / Japanese Yen) bearish signal (Elliott Wave Theory, Points & Figures)”
USDJPY reached the third-wave target at 102.537 yen on the November 3 low and is currently in a rebound of the fourth wave.
From the 102.537 yen on 11/3, we will calculate the rebound target for USDJPY using the new feature “Invast Securities FX24 data can create time-frame and minute-by-minute Points & Figures (Secret Chart)”
As described above, in the 120-minute USDJPY 0.05 box P&F, the bullish signal is lit, and the maximum upside target is calculated to be 104.343 yen.
The price may encounter resistance around this vicinity.
× ![]()
