USDJPY is testing dynamic support from min levels of 25.Nov-14.Dec. Although the barrier was broken for two times, it remains actual in line with daily S1 point 117.30.
Test and rebound from the mentioned barrier would indicate USDJPY continuing move in the expanding triangle 117.30-121.50 targeting 119.20, static resistance line and 38.2% Fibo correction level to bearish wave 123.57-116.70.
Test and rebound from the mentioned barrier would indicate USDJPY continuing move in the expanding triangle 117.30-121.50 targeting 119.20, static resistance line and 38.2% Fibo correction level to bearish wave 123.57-116.70.