There is a pullback from 114.45 as I thought it
might be. I think the correction to the downside will last at least
until it reaches 113.40.
I agree, the correction movement seems continue, and upside limited to 114.45.
The pair has almost reached the target at 113.40, but I just noticed that there is also a doji bar on the W1 time frame, so I think it's possible for us to see a deeper correction.
As I thought, a deeper correction did begin. Let's see, however, whether the pair will break out below 113.00.
Despite everything the support at 113.00 held out and the pair rebounded from it. It looks like it will test the resistance at 114.45 soon.
USD/JPY pulled back from 114.15 yet again and is
still stuck in a relatively tight range below it. I think we'll need to
wait for the NFP today for a breakout.
USD/JPY could not top 115 but it might do so next week.
I agree, but for the moment there was another pullback from 114.34. It
appears that the range is getting tighter.
It looks weak on the short-term but it might catch up pretty quick.
USD/JPY dropped below 113.60 and I think this is the end of the range for the moment. I have shorted and my target is set at 113.00.
The pair looks like it will go higher.