OANDA:USDJPY   美元/日元
20 0 2
The pair is in correction, the fall is possible.

The wave C of the higher level, within which the first wave i of C has formed, is developing. At the moment the downward correction is developing as a second wave ii of C, within which the wave (c) of ii is forming. If the assumption is correct, the pair will fall to the level of 111.90. The level of 113.90 is critical for this scenario.

Main scenario

Short positions will become relevant during the correction, below the level of 113.90 with the target at 111.90.

Alternative scenario

The breakout and the consolidation of the price above the level of 113.90 will let the pair grow to the level of 116.00 and further.
More analytic from LiteForex:
English https://www.liteforex.com/blog/?uid=880952068&cid=12118
Malay https://www.liteforex.my/trading/forex-analysis/?uid=880952068&cid=12118
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