USJPY is trading in uptrend
Bullish wave (a) ended at level 109.69
then corrective bearish wave (b) rejected after retesting corrective downtrendline corresponding to 61.8% Fibonacci level at 108.30
Pair is based above key level at 108.48
we r waiting price to exceed downtrendline and HVN at level 108.85 to open long trade
It's expected forming bullish wave (c) to target level 110.30
Bullish wave (a) ended at level 109.69
then corrective bearish wave (b) rejected after retesting corrective downtrendline corresponding to 61.8% Fibonacci level at 108.30
Pair is based above key level at 108.48
we r waiting price to exceed downtrendline and HVN at level 108.85 to open long trade
It's expected forming bullish wave (c) to target level 110.30
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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.