💱 USD/JPY Begins to pull back 💱

💱 USD/JPY Begins to pull back

💱 The nearest strong support zone: around the fibo level 0.786 of the upward wave.

💱 Nearest strong resistance zone: around the fibo level 0.382 of the upward wave.

💱 Technical environment:

📊 Moving averages: 50/50

📊 MACD: Downtrend

📊 RSI: Downtrend

📈 The scenario I am playing out is the execution of a downward correction, followed by a continuation of the uptrend. I do not exclude changing the scenario in case of a sudden change in the market situation. I am aware of the possibility of a correction at any time, this should be taken into account, In the event of a change in perspective, I will publish a post with an update, so I encourage you to actively follow the profile and carefully read the description.

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