USD/JPY: Wave analysis and forecast for 24.06 – 01.07:

Forex analytics:Estimated pivot point is at the level of 106.76. Our opinion: Sell the pair from correction below the level of 106.76 with the target of 94.97. Alternative scenario: Breakout and consolidation of the price above the level of 106.76 will trigger further rise up to 108.50 – 110.00. Analysis: Presumably, the formation of the long-term downtrend continues, within which the fifth wave is ...