The situation has changed little bit over the past trading day. The dollar rate against the yen still remains in the middle of the range, inside of which, presumably, a diagonal triangle is formed.

Consequently, the expectations of the growth of the pair due to the formation of wave 5 remain. In this case, it is worth opening deals on updating the current local maximum, inasmuch as it is unknown how long the currently observed correction will last inside the same fifth wave.

Investment idea: buy 110.80, stop loss 110.60, take profit 112.00.