This post is an update of the previous with bullish short-term scenario. I suggested an incomplete impulsive wave on USDJPY, which is going to rise up to 120 or higher. In my opinion that scenario is correct and current movements proves that.
We have the IV Micro wave completed and the V developping.
As you can see on the chart 3rd wave of the V is developping now. That wave can grow even to 121. I suppose it will get 120-121 level this week.

All Jenish pairs are extremly bullish now, there is a same situation on EURJPY and GBPJPY, so I'm going to hold my positions.
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