U.S. Dollar / Japanese Yen
Updated

USDJPY

97
USDJPY
TA review.
Price bounces off support level - resumes to bullish.
RSI returns to neutrality zone
Corrective waves are moving sideways in flat formation.

Scenario: Price will possibly decline again after testing Kumo. (starting a new downward impulse wave or maybe the strongest wave 3)

Note
Kumo breakout.
Note
snapshot

Disclaimer

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.