FX.co ★ Wave analysis of the USD/JPY for November 26, 2010.

Yesterday the USD/JPY pair traded in narrow price range. In this case the existing wave situation assumes ambiguity. The price may move in favor of the US dollar within the 5th wave (in 3rd or C), or it can start to decline, which will lead to the complication of the inner wave structure of the 4th one.