USD/JPY: Elliott Wave Analysis and Forecast for 28.03.25 – 04.04.25

Major Takeaways Main scenario: Consider long positions from corrections above the level of 148.13 with a target of 152.72 – 154.20. A buy signal: the price holds above 148.130. Stop Loss: below 147.20, Take Profit: 152.72 – 154.20. Alternative scenario: Breakout and consolidation below the level of 148.13 will allow the pair to continue declining to the levels of 142.50 – 138.65. A sell signal: the level of 148.13 is broken to the downside. Stop Loss: above 149.00, Take Profit: