USDJPY – The final wave of the plane may begin its development

20.01.2023

After a surge of emotion during which the price rose steadily at first, and then almost instantly went back, there was a lull. The opposing sides are gaining strength before further attacking and defending. It is expected that the attacking side will be the dollar, which means that the price will try to grow. It is conditioned by the formation of the wave c, the correction which takes the form of a plane.

Then the most correct and promising trading decision will be the conclusion of buy trades.

Recommendations: Buy 128.80, SL 128.50, TP 135.00.