USD/JPY. The rebound in the correctional decrease.

The minimum goals for the pair in question in the framework of the decrease that have begun are achieved. The price most likely in the near future will try to adjust the rapid descending movement, which means we will see growth.

In this regard, previously open sales transactions can be closed and tried to accurately buy with small targets.

It is worth noting that all these fluctuations occur within the proposed correctional wave IV, which will probably take the form of a simple zigzag. The specified wave To be in the initial stage of its development, therefore, in the future, after the specified correctional rebound up, a continuation of the pair is expected.

Investment idea: Buy 132.50, Stop Loss 132.30, Take Profit 133.60.

close