USDJPY SHORT

The USDJPY currency pair is likely to experience a significant correction , moving downward from its current position at 132.795 (even though JPY is weak). I anticipates that the price will find support at key technical levels, on the 50EMA, 200EMA, and 800EMA respectively. The 800EMA is expected to represent a deep correction, while the 50EMA and 200EMA are considered to be decent levels at which the price could stabilize before potentially reversing to the upside. In the short term, I have set 132.115 as my target, with a medium-term target of 130.50.