Forexpamm

USD/JPY. The final jerk down.

reached a 3 -minimum previously established by a wave, the downward movement stopped. The price began to grow. Presumably this rebound is due to the formation of correction in the wave of 5 descending impulse. In this case, the pressure from the sellers may intensify again and lead to updating the current minimum and the completion of the entire descending pulse structure.

The potential for the decrease in this case remains insignificant, but sufficient for possible trade. It is recommended to open transactions on The breakdown of the minimum established during yesterday’s trade.

Investment idea: Sell 138.00, Stop Loss 138.25, Take Profit 137.00.