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USD/JPY: Where Will 5th Wave End?

By Scott BarkleyCurrenciesDec 04, 2023 08:55AM ET
www.investing.com/analysis/usdjpy-where-will-5th-wave-end-200644103
USD/JPY: Where Will 5th Wave End?
By Scott Barkley   |  Dec 04, 2023 08:55AM ET
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USD/JPY
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Bearish: USD/JPY is currently at 1.2664 in a trend in a 5th wave. We are looking for a continuation to the ATR target at 145.80 with the further target  the Day chart bottom at 145.10. area.

Needs the USDX to start back down. Watch the USDX for direction. The average daily true range (ATR) for the pair is 138 pips per day and it’s 103 day average is 93 pips per day. USDX is trying to move up.

USDJPY – 5th wave finish
USDJPY – 5th wave finish


USD/JPY: Where Will 5th Wave End?
 

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USD/JPY: Where Will 5th Wave End?

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Fab Ms
Fab71 Dec 07, 2023 7:50AM ET
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