USDJPY – The pair is still thinking where to go

21.12.2021

There were practically no changes in the yen over the past trading day. The quotes remained at the same levels, making no efforts either to grow or to decline. Probably, today we will see activity, but it is difficult to predict in which direction the price will move.

The emerging wave scenario still maintains an upward variant. Growth is expected in the fifth wave, which may turn into a final diagonal triangle. But there is no confirmation of this yet. So, it is recommended to stay out of trading and watch the situation from the outside.

Idea: Flat.