USDJPY – The correction will continue

09.12.2022

The correction that is forming has slowed down a little bit with further growth. But it is temporary, correction within correction. The main direction of movement remains the same – growth. In the near future the price will resume the upward movement, which will be the continuation of the development of the correction wave, probably taking the form of a simple zigzag.

Thus, conclusion of buy deals remains a priority trading decision.

Recommendations: Buy 135.90, SL 135.65, TP 139.50.