USDJPY – Possible rise in the forming correction

30.12.2022

The considered pair remains the most volatile instrument of the considered ones. The price shows at least some movements. Here and in the course of yesterday’s trading day, there was a decrease, although growth was expected within the development of the final wave with of ii, the assumed plane.

It is possible that the observed decrease is caused by the internal correction of the specified wave. Then in the near future we may see the resumption of the upward movement, during which the specified corrective model will be completed.

Recommendations: Buy 132.70, SL 132.50, TP 137.00.