The USDJPY remains choppy. To review, the rally from 95.72 is in 3 waves but so too is the decline from 108.57.
Short term, expect weakness in either wave c of a triangle (red letters) or in a small 2nd wave that serves to correct the advance from 103.76. Potential support is in the 106.00/50 zone as well as the 6/30 low at 104.99.
