USDJPY LONG ANALYSIS

Following the recovery of the Dollar index (DXY), USDJPY has been following the trend and also rising. It has made its first impulse move up, currently in wave 2 which is the correction phase and now it is bouncing from the support zone indicating the corrections done and wave 3 to the upside is now about to begin.

DXY is also creating an inverse Head & Shoulders pattern indicating another upwards move towards the $94 resistance. I will be cashing into this move alongside my Account Management investors.