As expected all JPY pairs started to correct down for the last 2 weeks Based on the recent situation with governments going crazy again about restriction and push for vax creates more fear and uncertainty in the market.
Based on the current structure of this pair looks like it will continue to go down next week wither with a small push up and then fall or just continue slowly to fall for the next one to 2 days and then bounce.
With also confluence that all major stock indices are looking ready to fall for a correction this will also boost JPY strength.
This is only for educational purposes only.
Based on the current structure of this pair looks like it will continue to go down next week wither with a small push up and then fall or just continue slowly to fall for the next one to 2 days and then bounce.
With also confluence that all major stock indices are looking ready to fall for a correction this will also boost JPY strength.
This is only for educational purposes only.
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