USDJPY I Further Correction to Support Area

Short

U.S. Dollar / Japanese Yen (OANDA:USDJPY)

OANDA:USDJPY U.S. Dollar / Japanese Yen

trendanalysis waveanalysis usd joy usdjpy correction correctivestructure eurusd audusd

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following the daily/weekly impulse, price has now started to correct. We expect further continuation to the downside towards previous resistant/support, somewhere between the 50 - 618 fib level
(which also aligns with the support zone provided).

Be sure to follow the entry criteria rules for your strategy and keep this on your watch list!

- BKH

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