The Yen pairs have been dominated for quite some while now. The last impulse wave on the Daily has not corrected a 38 FIB or more yet. We can expect downside because of that.
Momentum is slowing down and the shift might happen this week. It will all come down to the USD news. The news might be the potential trigger to push price down for a healthy correction.
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.