USDJPY
W1 - Uptrend, targets that we can potentially reach 167.571
The nearest target is 157.460 - from this level a correction and further upward movement may follow, as well as a possible trend reversal. When reversing, you can expect a three-wave structure; if the trend changes, global targets may be 137.806 - 127.111
What can you expect?
Continuation of the upward trend - the target can be set at the level of 152.028 - 157.460
Long
Targets – 148,299 - 149,139 - 149,907
Long-term perspective - goals 152,028 - 157,460 - 167,571
W1 - Uptrend, targets that we can potentially reach 167.571
The nearest target is 157.460 - from this level a correction and further upward movement may follow, as well as a possible trend reversal. When reversing, you can expect a three-wave structure; if the trend changes, global targets may be 137.806 - 127.111
What can you expect?
Continuation of the upward trend - the target can be set at the level of 152.028 - 157.460
Long
Targets – 148,299 - 149,139 - 149,907
Long-term perspective - goals 152,028 - 157,460 - 167,571