USDJPY is trading lower as stocks go deeper within a corrective set-back. Despite lower prices USDJPY is slow and overlapping this week. which looks like a corrective retracement. Based on latest price action it can be a double zigzag that is now near completion. However 123.06 swing high must be taken out for a resumption of an uptrend.
USDJPY, 1H
USDJPY, 1H
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