USD/JPY. Expectations for the final impulse surge remain. | 09 January 2025
09 January 2025, USD/JPY
The activity of the trading pair over the past day was low. The price remained stuck at local highs and, contrary to expectations of further growth, began to slip downwards. This may be due to the development of internal corrections in the upward impulse wave.
Then, soon, the price will begin to rise, forming the final Wave 5 of (c). Therefore, purchases in the short term appear to be the most optimal trading option.
For a safer entry, one can wait for the moment of breaking through the level of 158.55 and enter, and upon slowing down of the movement, start closing.
Investment idea: Buy 158.55, Stop Loss 158.30, Take Profit 159.50.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
