USD/JPY: Wave analysis and forecast for 29.04 – 06.05.

Forex analytics:Estimated pivot point is at the level of 108.70. Our opinion:sell the pair from correction below the level of 108.70 with the target of 106.00 – 105.00.alternative scenario: breakout and consolidation of the price above the level of 108.70 will trigger the rise in the pair up to the levels of 110.70 – 112.00. Analysis: presumably, the formation of the downward impetus continues in ...