USDJPY 29June2023
if you look at the price movement in the past week it looks very slow but the price is still moving bullish, this looks like price compression. usually when something like this happens, in the near future there will be a fairly high price jump.
the initial target is still the same, namely in the fibo extension area of 1,618 and it could be that the price jumped high towards the SnD area above the fibo extension.
the initial target is still the same, namely in the fibo extension area of 1,618 and it could be that the price jumped high towards the SnD area above the fibo extension.
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