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USD/JPY, some corrections before further upside move

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Investroy  
FX:USDJPY   U.S. Dollar / Japanese Yen
Supply and Demand Support and Resistance Fibonacci USDJPY priceaction Technical Analysis signalprovider investroy
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supplyanddemand supportandresistance fibonacci usdjpy priceaction technicalanalysis signalprovider investroy
As it can be inferred from the chart, the price has been rising non-stop. After a strong impulse, a correctional move is needed. Therefore, we will be waiting for the price to develop first, and then look forward to opening SELL positions and aiming for the previously broken zone of resistance, which perfectly aligns with the 0.382 Fibonacci retracement level.

Happy trading, everyone!
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