USDJPY Bears Are Screaming

27 jul 2023

USDJPY turned down exactly from 61,8% Fibo. resistance and after reaching equal wave length of waves W=Y of a complex correction. So, seems like bears are screaming and we should be aware of more weakness in upcoming days, especially if breaks below 139.10 region, just watch out for short-term pullbacks.

31 jul 2023

Nota

USDJPY is retesting the 142 – 143 resistance zone as a larger A-B-C flat correction, where wave C can be already in final stages. So, still watch out for strong bears as long as it's below 145 invalidation level.