USD/JPY (Dollar to Yen) Forecast Hit! Future Trends (Points & Figures)
In the previous article [Calculating the rebound target for USD/JPY with a new feature 2 and the current FX account balance]
120-minute chart 0.1 yen grid P&F
“Since it is currently within the third wave target range, a rebound in the fourth wave is expected to begin soon. After the fourth wave rebound ends, the fifth wave decline will begin, and if the decline accelerates toward around 102 yen, it is also expected to fall toward around 101 yen.”
which hit yesterday down to 101.195 yen.
As for future trends, as stated above, the USDJPY 120-minute 0.1 yen grid P&F signaled upward, but it has already reached the maximum target of 105.583 yen.
In the near term, a pullback is expected, perhaps.
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