hello everyone, here's a new idea i got looking at the chart of the usdjpy
. We got: a downtrend, then consolidation, then downtrend, retested structure and now we're moving up. So for me jpy will rise at the 50% fibonacci, which is a psychological level and maybe move up to 61,8%. let's see what happen.
It could be possible a continious downtrend to 108 jpy.
have a nice day