Look for buys on USDJPY

189
Hi traders,

USDJPY dropped to the last demand area. So this week we expect this pair to finish the correction down and after that to go up again.
We will look on a lower timeframe for buy possibilities if price reaches the area of 108 which has confluence with a former demand level and the 38.2 fib retracement of the last impulse leg up.

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This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.

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Eduwave Trading

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