USDJPY made a nice spike to 118.68 on Friday from where market turned nicely bullish so it looks like that further gains will be seen this week. From an Elliott Wave perspective we are tracking current leg up as wave (d) that is part of a triangle from a four hour chart that can be headed up to 121.00 this week, where pair may look for temporary top.

USDJPY, 30min
USDJPY 30min


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