posted by
FXTimes
808 days ago
in USD, JPY, Technical
made popular 808 days ago
USD/JPY has declined since the NFP for February came out last Friday. This came after a 5-wave rally that started 3/2. The decline also does have a corrective structure, or at least not an impulse structure yet. Also note that the throwback has retraced almost 78.6%, visiting the central equilibrium of the bottom formation it is trying to build str