Yen Technical Outlook

The decline from 108.35 is wave iii of 3 of larger III from 124.13. It is possible that there are 5 waves complete at 95.72.

The up, down sequence from 95.72 is counted as waves A and B from 95.72. Expectations are for wave C to exceed 100.44 and test the area of the former 4th wave in the 101.40-103.60 zone.