USDJPY is turning down at the moment which has been technically expected based on a five wave rise from 112.08 which makes a completed wave v) of a higher degree. That said, a bigger corrective decline can be coming in three waves.
Disclosure: We do not own any assets or share of the instrument mentioned in our outlook Please be informed that information we provide ARE NOT trading recommendation or investment advice. All our work is for educational purposes only.
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