USDJPY IS SHOWING WEAKNESS BEFORE THE JOBS NUMBER COMES OUT TODAY. IT TRENDED SLIGHTLY LOWER THROUGHOUT LONDON TRADING FORMING A WEDGE WHICH IT BROKE OUT OF IN NEW YORK TRADING. UNDER THE
WAVE PARADIGM WE HAVE TWO POSSIBILITIES REGARDING FUTURE PRICE ACTION.
THE FIRST IS A ENDING DIAGONAL (3-3-3-3-3)
THE SECOND IS A FLAT (3-3-5)
WAVE PARADIGM WE HAVE TWO POSSIBILITIES REGARDING FUTURE PRICE ACTION.
THE FIRST IS A ENDING DIAGONAL (3-3-3-3-3)
THE SECOND IS A FLAT (3-3-5)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.