JPY update

It made only to 117.6 since my previous post, and broke down to mentioned support area of 116.9<>116.4 made low exactly at 116.4

On the chart is what I consider a good argument for my view.
The fact that I see possible strong Dollar in other pairs at least in near term makes me uncomfortable a bit, but still this latest development gives me confidence in my view.
As you can see on the chart, C made to exactly 61.8 Fib Extension of the previous move, returning a strong IM drop down, which after a correction returned again a strong IM drop down.
Now 117.39 low (smaller wave 1 end) is critical for this drop to qualify for wave 1 of larger 3rd, and we need a 5th down to strengthen this view.
Break below wave 1 low 115.49 should give strong move down in a 3rd wave down.
Alternative is wave 1 being wave A IM of a ZZ, in which case 3rd will become C and will finish the drop down.

I haven't done a follow up of my Market Updates for a month, last call overshot my targets up significantly.
AUD was the best of all, pinpointly accurate, returning more than 400 pips since then and will probably make few hundreds more to just below 0.68. NZD also turned to an excellent call and it adds to what I mentioned somewhere before, that 3rds and Cs are the most easier to spot, predict and trade, with lowest risk and with greatest reward. I've looked at NZD because Joseph draw my attention on it and it returned almost 600 pips since than. I believe it will make some more before it finishes this drop.
I'll try preparing an update for EUR, GBP, CAD but don't expect too much.
ID