Investroy

USD/JPY, correction time

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
The price has been rising to the moon non-stop. As the textbook states, after a strong impulsive move, a correctional move is a must. Moreover, the price is currently testing a strong level of resistance. Therefore, we are looking forward to opening Sell positions and aiming for the previously broken zone of resistance, which perfectly aligns with the golden Fibonacci zone.

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