usd / jpy seems to be oversold
Looking back at history, the pair is in the position where usually started the correction.
I count on corrective movement in the form of the pair rate returning to the monthly average MA20.
USDJPY
tradingview.com/chart/ZQJwWKTl/
I count on corrective movement in the form of the pair rate returning to the monthly average MA20.
USDJPYtradingview.com/chart/ZQJwWKTl/
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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.