FX:USDJPY U.S. Dollar/Japanese Yen
Very strong impulse leg on usdjpy for last 2 weeks with correction expected this week. This is moving into a very tight convergence of fib numbers offering very . The terminal price bar on this pattern will likely be very small with fib numbers so tight so one will have to be on alert to get a good entry as price is likely to respond sharply to such tight resistance. Target 1 is a move of over 200 pips.