The pair may fall and undergo a corrective abc as price shows possible sign of weakness on its upward momentum. A bearish divergence on this hourly timeframe chart analysis maybe/ can be used as an added conviction of this Elliot wave analysis.
An update for #USDJPY. Pair may now be on its way for completing the final impulsive wave c of the corrective phase with targets at 0.5 - 0.618 fibonacci retraments of the previous motive phase.
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