FX.co ★ USD/JPY wave analysis for May 25, 2011

The USD/JPY pair is slowly trying to continue the upside movement developing since early May. At the same time, the new section of the pair’s upside movement has probably indicated the beginning of the с wave, or the 3rd. If so, the targets for this с might be located in a quite wide range between the levels 82.50 and 84.00.