Long-term downtrend in USD/JPY has started

2020-03-01 12:36:34

Stock market is melting (Nikkei long-term forecast is here) what always leads to USD/JPY fall. On weekly we can see 3 waves up between Oct’12 and May’15, then 1 motive wave down and triangle with failed break-out of the top. All this looks like USD/JPY has completed wave 2 and started its long march :-) down.