USD/JPY is moving higher as expected, following a completed correction last week at 113.10. We see nice move up now, with higher highs and higher swing lows without any overlaps so we see an impulse in progress.

Currently the pair trades in the final stages of an extended third wave so short-term pullback can be seen in the next few sessions, back to 115.15 from where new leg up may follow.

USD/JPY, 1h