FXHighway
Short

USDJPY still on the correctional track

FX:USDJPY   U.S. Dollar/Japanese Yen
34 0 1
USDJPY             pair hovers between 38.2% and 50% Fibonacci levels. EMA50 adds strength to 38.2% level at 102.20, which supports the continuation of the bearish correction.

Stochastic shows negative signals, and the bearish bias still dominates the intraday trading.

Waited targets at 101.20 followed by 100.20.
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