USDJPY – Price Almost Hits High

02.06.2022

According to the situation under consideration, it develops within the framework of the expected. The price rose rapidly, coming very close to the price high. Perhaps buyers will try to attack this significant milestone, although all recent price movements are considered as part of the corrective wave iv, which means that an impulse decline would be more preferable from the current values.

For this reason, it is recommended not to make any trading decisions while watching the development of events from the outside.

Recommendations: refrain from trading (flat).