USDJPY long
on an uptrend price make a new higher high and now the price is on the correction, we expect the price will continue going down and reacting with demand area which aligning with a strong resistant area which now become support area, 50% of fibonacci retracement.
you can check link below for more reference, thank you
you can check link below for more reference, thank you
Related publications
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.