USD/JPY: Wave analysis and forecast for 11.03 – 18.03

Forex analytics: USD/JPY: Wave analysis and forecast for 11.03 –18.03: The pair is likely to decline. Estimated pivot point is at the level of 114.55. Our opinion: Sell the pair from correction below the level of 114.55 with the targets of 108.00 – 107.00.Alternative scenario: Breakout and consolidation of the price above the level of 114.55 allow the pair to continue the rise up to the levels of 120.00 ...