USDJPY, “US Dollar vs Japanese Yen”
The USDJPY pair has completed a growth wave towards 155.95. Today the market is forming a consolidation range around this level. With an upward escape from the range, the potential for a rise to 156.46 could open, and once this level is reached, a decline wave targeting 154.54 could begin. This is the first target of the decline wave.
Origin: RoboForex