USDJPY gotta love it. I know it’s me but man if I can count on my hands days where price just shoots 1 direction all day I get out early but when price see saws all day I always decide to hold smh another break even day
USDJPY I expect to see many traders placing bids to go long at this level. However, I don’t believe the Fibonacci retracement at 147.298 will hold. It’s likely to close below this level on both the daily and 4-hour charts and continue downward. That said, if the level is tested multiple times and finds support during the Asian session, then a buy could be valid. We’ll have more clarity just before the London open tomorrow. See you tomorrow