USDJPY is clos to it's mid-term top. Today's correction from 119 to 117.30 was IV wave of the Micro degree. I think it has ended so the pair will grow next week and the V wave of MivroCycle will rise up to 119.5-120.5 or maybe a little bit higher. Then we'll see another short-term correction and a final impulse to 121-122, a mid-term downside conoslidation (a wave Minor 4) will start from that level. I expect it will take 2-4 months, no more.
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