4 hour
The USD/JPY broke below the support trend line (dotted blue) but price action remains choppy. The failure to break the 114.50-115 resistance zone so far could be an early indication that wave 1 or A (light purple) has been completed.
1 hour
The USD/JPY is behaving choppily and building a corrective pattern on this 1-hour chart.
4 hour
1 hour
Origin: Admiral Markets
