FX.co ★ USD/JPY wave analysis for May 25

It is possible that Friday low is the trimmed 5th wave in c-wave (in b). if it is so, the started yesterday upward retrace of the pair USD_JPY has a chance to transform to a new part of the trend in favour of the US dollar. Thus, c-wave in the assumed 2nd will have a chance to hit new target levels around the 93rd figure or even higher. We should also mention the fact that if the currency pair is not able to develop the expected success, the price will most likely decline to the marks near the lows of May 6 - 88,15.