On the intraday chart of USDJPY, we are tracking an unfolding ending diagonal pattern, that could be near completion, as four out of five waves are already completed. That said, as of now, price seems to be trading in red wave a), the first leg of a three wave move in blue wave v-circled, that could ideally reach levels around 114.87, where previous swing high- black wave A, can react as a turning point into lower levels. USDJPY, 1H
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