USDJPY completed the 5 Elliot Waves and it looks like it's repeating the same pattern as few months back but in a smaller scale.
Since the pair failed to create a new Higher High in the current uptrend, I can see the pair dropping anytime soon. I'll personally go short once the pair gives me a clean breakout on the current trendline, which will definitely happen soon as the trendline has been tested 3 times already.
Since the pair failed to create a new Higher High in the current uptrend, I can see the pair dropping anytime soon. I'll personally go short once the pair gives me a clean breakout on the current trendline, which will definitely happen soon as the trendline has been tested 3 times already.