g2rafael

USDJPY Correction at minimum

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY has been trending upwards for the last 14 months and has reached an extreme market area.

Under these overextended moves, can now expect a pullback at minimum targeting 50 to 70% retracement from the last impulse leg.

This is only for educational purposes only.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.