Possible retracement prior to an ongoing uptrend. GO USD!!!
In my personal opinion, this pair is on its retracement right now and it's getting to the 23.60 retracement pretty soon. Furthermore, US dollar will continue its growing trend against the Japan Yen. Pay close attention in the following hours, especially with the opening of the London session. On the other hand, do not miss the NFP which is coming Friday morning, this may cause an important movement of the pairs that contain US dollar.
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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.