USDJPY POSSIBLE PUMP

2023年7月30日

Following the Fundamentals report and the DXY. The Dollar is picking up momentum. But using this EWA a wave 4 seems to be forming. Given the guideline of alternation. wave 4 is going to be a complex pullback/combination. we are waiting to see price pull back even further and now that wave 3 was extended we don't expect a huge pump. rather, we expect a truncation of wave 5 before the DXY goes back to the bears.(we should look for some divergence too)