USDJPY- short term correction
The next price movement would be the breakout from the downward trendline. It tells me that the wave (a) has completed and now heading towards the wave (b) which is another correction.
The next target would be the confluence point of around $146.
The price is just above 30ma and 50ma showing divergence both on RSI and MACD.
The next target would be the confluence point of around $146.
The price is just above 30ma and 50ma showing divergence both on RSI and MACD.
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