Hi guys the USDJPY has been in a long and tiresome correction since 23rd August 2019 up until now. However I have strong reason to believe that we are near to the end of what I perceive is a complex correction as my analysis suggests. I will be looking to buy the end of the correction but obviously we should be careful as this can easily reverse as soon as we break the highs so you want to keep a close eye on it or take your profits as soon as possible.
@The-B-wave, You again?! Didn't you learn your lesson the last time
sultandefalla
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@Luvolwethu, I think it's ended uptrend
In weekly downtrend it's double hit
I think it's going down to 106 in mars
Luvolwethu
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@sultandefalla, I see what you mean, but I think before it goes down we need to break the previous top. As to whether it hits 106, that still remains to be seen. Good-luck with your trade though.