Seems that USD/JPY pair is making a 12345 Elliot wave's last impule in February.
Strong support @ ~112.6 which is Fib. 38.2% of second impulse (2)-(3).
Expecting to go UP, but only up to a trend line formed from last years'
12345elliotwaveanalysisFibonacci RetracementjpyUSDUSDJPY

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