USDJPY has been stuck in a corrective move since mid december and should get out of it soon.
In fact prices are very close of 4 different supports :
- 0.5 fib retracement
- 200-sma
- abc in AB=CD type
- mid line of the fork
The convergence of it should be enough to give impulsion to the pair to reach at least the 127 level
In fact prices are very close of 4 different supports :
- 0.5 fib retracement
- 200-sma
- abc in AB=CD type
- mid line of the fork
The convergence of it should be enough to give impulsion to the pair to reach at least the 127 level
