USDJPY – Down
USDJPY is still very bullish. The market is moving just as we had predicted in our previous analysis (4/17/2023). This pair is yet to complete the (V) major impulsive wave pattern. Currently, the price is forming the impulsive wave (V), the price is at 134.56. I expect the price to rise higher at least up to 135.07 to complete the impulsive wave pattern. If you’re holding any buy order make sure you close it once the price reaches our profit target which is at 135.07. Lastly, do not open any buy orders now as it is very risky.
Trade Recommendations:
Look For buy orders for now
You may check other analytical reviews on FreshForex website. Source: freshforex.com.
