Forexpamm

USD/JPY. The decline will resume after the completion of the correction.

During the trading day, Jena managed to push the cost of the dollar and update the previously established local minimum. This, apparently, took a lot of effort, therefore, it was not possible to gain a foothold on these values ​​and the price began to grow. Probably, in this way, the formation of a correction began, which could continue the entire current trade day.

at the same time, the initiative went over to the side of the sellers, which means that in the future, attempts will be made to further push the price. Decrease It will continue and will be impulse. The guideline for making transactions for sale is still up to the update of the local minimum.

Investment idea: Sell 145.00, Stop Loss 145.25, Take Profit 142.50.