USDJPY Trades In A Correction; Price May Reach Higher Levels In Session Ahead

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 13, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    USDJPY is trading lower as stocks go deeper within a corrective set-back. Despite lower prices USDJPY is slow and overlapping this week. which looks like a corrective retracement. Based on latest price action it can be a double zigzag that is now near completion. However 123.06 swing high must be taken out for a resumption of an uptrend. USDJPY, 1H

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