IS JAPANESE YEN COMING STRONGER IN FUTURE? -ELLIOT WAVE ANALYSIS

207
As we see the price has completed its recent cycle on 3 July, 2024.

It is now in a major correction where the wave 'A' is already formed.

Now the price is forming the wave 'B' and its minimum destination is 61.80%

After completing the wave 'B', price will lead the wave 'C' which will be a downward impulse which can move the price toward 130 zone.

The more days are passing by, selling opportunity is emerging.

So be patience and enter into the market with confident.
Note
snapshot

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.