📉 #usdjpy Elliott Wave Analysis – 1H The WXY corrective cycle appears to have completed around the 149.50 area, followed by a bearish impulse likely forming wave (1). We're now in wave 4 of this bearish sequence, with a final drop in wave 5 expected to complete the structure. 🔻 Key target: below 145.00 ⚠️ Watch resistance around 147.00