Elliott Wave Analysis: USD/JPY Intraday View

 | Feb 21, 2017 05:21AM ET

USD/JPY turned up from 61.8% Fib. level and broke above wave b swing high, but we still don't see five waves up from end of wave 2, so it's recommended to wait on a break above 114.00 to confirm a continuation higher.

USD/JPY, 1H