Consider the possibility that USDJPY is making a Zig - Zag for a Wave 2 correction.
If such , the b wave may look to reverse into the c wave around 117.00.
The c wave then making a move downwards for a wave 2 correction at .92 - .94.
If such , the b wave may look to reverse into the c wave around 117.00.
The c wave then making a move downwards for a wave 2 correction at .92 - .94.