USDJPY Reversal Move

Updated
After the large Daily candle move to the downside USDJPY will most likely retrace to the trendline it crossed and then move back down lower. We can expect a move down to at least the 38.2 fib level but this may be considered the C leg of an Elliot Wave pattern so it may be going much lower.
Elliott WaveFibonacciTrend Lines

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