USDJPY – Rise likely in 5th impulse wave

11.01.2022

The previously considered scenario with a rebound from the level formed by the previous maximum. Despite this, the likelihood of growth is still very high.

At the moment, we see a decline in the development of correctional wave 4. So, we expect growth in the formation of wave 5 of v.

Conclusion: Purchases 115.70, SL 115.50, TP 116.50.