Hello everyone, A good opportunity has been detected on the USD/JPY pair. After strong upward movement on the USD/JPY, the price is currently correcting to the downside. We are expecting the price to reach approximately the 105.75 price level, where we have a 50.0% Fibonacci retracement level, as well as the 100 Moving Average and the lower bound of the Bollinger Bands.
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.