analysis mentioned the 38% Fibonacci retracement as the minimum target of the bounce. Despite starting the day with a fresh lower low relative to the previous three trading sessions, USDJPY is now breaking above 136 getting closer to our target. Today's low is crucial for the short-term trend.
FX.co ★ USDJPY pushes above 135
Relevance untilUSDJPY pushes above 135
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade