USD/JPY: Elliott Wave Analysis and Forecast for 25.09.26–02.10.26

Major Takeaways Main scenario: Once the correction has been completed, consider short positions below the level of 160.45 with a target of 151.76–148.92. A sell signal: the local correction ends and the price holds below 160.45. Stop Loss: above 161.05, Take Profit: 151.76–148.92. Alternative scenario: Breakout and consolidation above the level of 160.45 will allow the pair to continue rising to the levels of 163.90–167.50. A buy signal: the level of 160.45 is broken to the ups