Technical overview and a suggested opportunity on the USDJPY Yen
On the Daily - Linear Chart to reduce price noise
The price is testing the lowest since the beginning of the year at 107.50
With a decline in negative bearish momentum = expectations of a recovery even if corrective
On the hour as an attempt to benefit from the expected short-term uptrend
We will not exaggerate the profit level of the deal
With the price being able to exceed the 107.50 target levels
Test the moving average and the bottom of the previous correction at 107.85
The deal is in a corrective wave - high risk - so be careful
The price is testing the lowest since the beginning of the year at 107.50
With a decline in negative bearish momentum = expectations of a recovery even if corrective
On the hour as an attempt to benefit from the expected short-term uptrend
We will not exaggerate the profit level of the deal
With the price being able to exceed the 107.50 target levels
Test the moving average and the bottom of the previous correction at 107.85
The deal is in a corrective wave - high risk - so be careful