Technical analysis of USD/JPY 08/23/2018
Quotes of the USD/JPY currency pair continue to move into the formation of the bull model of the Wolfe Wave. At the moment, we should expect the pair USD/JPY to continue growing above 112.00.
In favor of the USD/JPY growth will perform the line on the RSI indicator. The cancellation of the growth variant of the Yen Dollar pair will result in a drop and breakdown of the level of 109.50, which will indicate the breakdown of the lower boundary of the Wolfe Wave model and the continued decline of the pair
Created by Joshua Hayn