JPY Index_Update_1st week of April 2022
Good Day,
Here are some updates in JPY index:
1. Price now in its correction process after JPY gaining momentum and bullish impulse happened last week which resulted massive selloff of almost all yen pairs
2. Since JPY in its correction process we can notice all yen pairs start making correction with clear structure and pattern
3. We would monitor any price action at the previous broken trendline i.e. 50% fib level) to see any price rejection or pullback
4. Price may drop even lower to the recent low level
Here are some updates in JPY index:
1. Price now in its correction process after JPY gaining momentum and bullish impulse happened last week which resulted massive selloff of almost all yen pairs
2. Since JPY in its correction process we can notice all yen pairs start making correction with clear structure and pattern
3. We would monitor any price action at the previous broken trendline i.e. 50% fib level) to see any price rejection or pullback
4. Price may drop even lower to the recent low level
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