$USDJPY - Time for correction?

Hi guys! 👋🏻

🔔 USDJPY looks extremely bullish, however a retest of 112.1 - 112.3 levels is most likely as the pair hit an important resistance on a 4H and a daily chart.

🔔 MACD and RSI are showing signs of an upcoming correction ahead, which might generate another uptrend potential of the pair. Probably up to 116. See daily and weekly charts below.

🔔 USDJPY daily chart. the important resistance.


🔔 USDJPY weekly chart, possible correction and a jump to 116.


✊🏻 Good luck with your trades! ✊🏻
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