The current USDJPY structure hints at a cycle degree bullish zigzag y consisting of primary waves Ⓐ-Ⓑ-Ⓒ. Sub-waves Ⓐ and Ⓑ are fully completed, wave Ⓒ , however, is still under development. Wave Ⓒ consists of intermediate waves (1)-(2)-(3)-(4)-(5). With impulse waves (1)-(2)-(3) and (4) having ended, wave (5) could conclude the impulse move soon. A target area for wave (5) is near the 110.94 area. The target would respect the tenancy of waves Ⓐ and Ⓒ being equal. Another possible target is near the 110.21 area. This 5th wave ending structure suggests that the primary wave Ⓒ could end up forming a diagonal ... (full story)