The dollar is intensifying its pressure, and the Japanese yen is gradually losing its ability to restrain it. As a result, the price is slowly gaining momentum and reaching new heights. Ultimately, the dollar’s exchange rate may sharply rise with each movement, setting new highs.

Therefore, the scenario with the terminal diagonal triangle in wave (5) is invalidated. The movement represents a full impulse with elongation in the third wave. Currently, it is likely that this elongation phase is unfolding.

Hence, it is worth considering the possibility of entering into long positions at current market levels.

Recommendations: Buy at 161.30, SL 161.00, TP 163.50.