Yesterday USD/JPY dynamic upturn to 77.66 gave reasons for checking the wave marking on the lowering part of the trend which had formed between August 4 and 19. Meanwhile we may assume that the low of August 19 is the end of the 5th wave of this declining part. If it is so, the determined growth of the pair rates will be developing in the direction of the correction levels calculated according to all dimension of such low part of the main trend. At the same time it is still too early to state from which part the price will be able to renew the decline.
