USDJPY just reached its highest level since 2002. While it is dangerous to bet against the trend, it is even more dangerous to blindly extrapolate it into the future. How high can the bulls lift the pair before they run out of steam? How much longer will the BOJ tolerate the crashing yen? Here's what Elliott Wave analysis has to say on the subject.
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The post Elliott Wave Update of USDJPY – April 13th, 2022 appeared first on EWM Interactive.