We are having short term buy setup on the USDJPY before we see longer term fall on this pair.
How you can trade on this pair for short term buy.
1. watch for the correction breakout and buy
or 2. Watch for the correction to get bigger upto 787 of your fib lines and then look for buy there.
In case if price break below the previous low sharply then definitely we will go for longer term sell on the USDJPY for that watch for my Longer term USDJPY chart please.
Follow the updates.
Good Luck.
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