USDJPY - Has the momentum gone?
USDJPY.
The pair is correcting the upward move from the last few months which is expected to end near 108-108.5 level. It could extend further to lower Fibonacci levels.
Once the correction is over and we see further bullish momentum, there can be good buying opportunities for long term trends.
The pair is correcting the upward move from the last few months which is expected to end near 108-108.5 level. It could extend further to lower Fibonacci levels.
Once the correction is over and we see further bullish momentum, there can be good buying opportunities for long term trends.
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.