USD/JPY - Wave iv ended at 106.76. Look for a rally to 111.06

USD/JPY wave iv ended at 106.76. Look for a rally to 111.06 

With an almost perfect test of the 38.2% corrective target of wave iii at 106.81 and the bottom of blue wave iv of one lessor degree, the odds for wave iv being over are very higher and I will now be looking for a break above 107.50 to confirm the bottom of wave iv for a rally to at least 111.25 in wave v and possibly even higher to 112.31.

Short term only a break below 106.76 will delay the expected upside rally in wave v.

 

Felipe
2014-05-26
Hi,

I recently tried a 30 day membership and I am very happy with the service. Pls keep up the great work!!! I will continue renewing!!

Felipe
Thomas
2014-08-11
Sublime Counts!
Tommy
2015-02-26
Great call on nat gas

Just wanted to drop you a note to say great call on nat gas as it held 2.67

Great job.

Tommy