We observed
USDJPY
close above a weekly support zone which indicated a move upward toward the monthly trend line resistance. However, a weekly impulse to the downside tells us that a minor retracement and continued impulse to the downside is likely.
USDJPY
close above a weekly support zone which indicated a move upward toward the monthly trend line resistance. However, a weekly impulse to the downside tells us that a minor retracement and continued impulse to the downside is likely.