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FX.co ★ USD/JPY wave analysis for January 27, 2011

USD/JPY wave analysis for January 27, 2011

USD/JPY wave analysis for January 27, 2011

The USD/JPY pair could not overcome the correction level 61.8% and moved aside from the 82.00 level. At the same time, the yen still might make another attempt to fixate below this level, which will allow it to form a more typical 5-wave structure of the с wave in the estimated 2nd.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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