FX.co ★ Wave analysis of USD/JPY for May 28, 2010

Having accumulated the potential over the last 24-hours, yesterday, the USD_JPY pair price was growing dynamically enough in favour of the American currency. At the same time a rather complex inner wave structure of c-wave in the expected 2nd was continuing to develop. If our supposition about the formation after May 6 of a correctional 2nd wave confirms, the final target of the renewed yesterday upmove will possibly be in 93,00 – 94,00 area.