FX.co ★ USD/JPY Wave Analysis for September 7, 2010

USD/JPY is demonstrating the inclination to resume the declining trend versus the US dollar. If these attempts are successful, the Friday peak will be the high of the 2nd wave in the 5th. Thus, we can expect the recurrent falling of the rates to the fresh lows of a few years.
However, it is still early to speak in favour of this decline for sure.