We're short for now | 06 Julio 2023
06 Julio 2023, USD/JPY
USDJPY is currently undergoing a downward correction, following the ABC corrective pattern. Within this corrective phase, we anticipate a further decline with a target at ('142.27'), which we have identified as our minor wave "a". It is important to closely monitor the market as it moves within this corrective structure, as there is a possibility of a reversal and a break above the level of (144.87). It is crucial to note that if such a scenario occurs, it would invalidate this particular setup.
Trade Recommendations:
We're short for now
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.
