The Dollar/Yen pair will be adjusted

13.01.2021

The buyers failed to form the lead-in impulse in that form which was supposed to be. Sellers were able not only to halt growth but also to push the price to a fairly good depth.

The first phase of the correction probably was ended there. In the future, fluctuations are expected in a narrow price range with following strong growth due to the further development of the upward impulse.

The correction can take one or two days, so it is not recommended to make any trading decisions yet.