USDJPY to drop some gains accumulated from the past weeks..?
It looks as if price have found resistance around the area where Minuete Wave 1 equals 5, which is the completion of the cycle of impulse Minor wave 1.
From here we can expect a correction rally of Minor Wave 2 which is usually deep and can travel as far as 78.6% of Minor Wave one.
I wish you all a happy trading.
God Bless You.
From here we can expect a correction rally of Minor Wave 2 which is usually deep and can travel as far as 78.6% of Minor Wave one.
I wish you all a happy trading.
God Bless You.
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