USD/JPY. An impulsive decline will resume after the correction is completed. | 27 January 2025
27 January 2025, USD/JPY
The price has begun to form a corrective structure. This development aligns with the expectation that a downward impulse has already formed, with Wave 1 being under construction.
This correction, which is currently in progress, is likely to act as Wave 2. After its completion, a resumption of the downward impulse is anticipated.
Entering sell positions is recommended after the minimum of Wave 1 is reached.
Investment idea: Sell 154.75, Stop Loss 155.00, Take Profit 150.00.
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.
