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USDJPY Could Reach 95.00 (Elliott Wave)Top ↑ Our Services (7-day trial) Subscribe to our newsletter Feb 12 2013 JPY was pushed lower again while Japanese shares soared after a Bank of Japan member said that more monetary easing could be justified later this year. USDJPY reached levels around 94.40 but we see an incomplete impulse from 92.15 swing low which means that pair should continue higher. We expect at least one more push up as current pull-back appears to be corrective black wave iv. Support for the pair comes in at 93.60/70. ![]() Click here for 7-day trial offer Newsletter archive
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