USDJPY – 21.09.2016

The USD/JPY pair has reached the target of the descending wave and completed the correction. According to the main scenario, today the price may continue falling inside the downtrend to reach the next target at 100.00. However, an alternative scenario suggests that, being influenced by the fundamental background, the market may form one more ascending structure towards 104.45. After that, the instrument may continue falling inside the downtrend to reach the main downside target at 96.00.