I first thought it might be an ABC correction after the Eliott wave up. But meanwhile it looks more to me that it evolved to another Eliott wave downwards.
For an ABC correchtion, which might be move 1 2 3 in second Eliott wave on the chart, I miss a clear new beginning of a move, that points to the end of a possible ABC correction.
So to me it is more likely that USDJPY will do another fall.
For an ABC correchtion, which might be move 1 2 3 in second Eliott wave on the chart, I miss a clear new beginning of a move, that points to the end of a possible ABC correction.
So to me it is more likely that USDJPY will do another fall.
