Time to get long USD/JPY? Scope to 120.00...?

We have a target with scope all the way to 120.00-level in a Wave (5) rally...

...and today, the pair found support bang on a key extension target of 111.71--equality in the vernacular, whereby Wave [c] is equal to Wave [a].  The low today was 111.67...now bouncing from here...our subscribers are now long...risk to 111.57 the daily swing low changes this view  to bearish...

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