The best count for the USDJPY from 95.72 is a double zigzag (a-b-c-X-a-b-c). With the second zigzag close to equal with the first zigzag, a bearish bias is warranted against 104.64.
Those with a longer term horizon can keep risk above 107.20. The rally from 95.72 is a 4th wave within the 5 wave drop from 114.65 and the objective is below 95.72.
