Yen Futures & Yen ETF FXY 2019-03-03

When I last posted charts on Japanese Yen, I was looking for a bounce up from a possible (d) wave low of a triangle [iv]. It looks like the last wave of that triangle, wave (e), completed at the start of this year. Cycles suggest wave [v] down is in progress and could last till August of this year

Yen Futures Update

I have reworked my EW count in the Yen to be that of a triangle wave [iv] that needs one more wave up in (e) to complete. The alternate is that wave [iv] was set early this year and prices are set to bounce in wave (ii) of an ending diagonal [v].