Usd/Jpy is still very much a bullish pair, the only question is:
where is the next higher target at?
On the weekly chart I have drawn all the latest fibonacci expansion areas,
to see if any of them combine to form a area of resistence:
I have found a area of two combined fibonacci targets around 109.5, which seems a likely target by november
Usd/Jpy weekly chart
On the daily chart there is a trendline to be found, that may act as a support
after the next 61.8% fibonacci weekly target of the last…
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