FX.co ★ bridget.franecki | TST as the Foundation for Medium-term Trading

Hello traders, let's take a look at USD/JPY, and off we go, as I've been delayed already :). On USD/JPY, an alternative scenario has started to unfold, or perhaps it has been unfolding for a while now, and I've just started to notice it only now :). In short, the movement to the minimum is not necessary at all; it depends on which long-term scenario I will be developing now. If we do break through the minimum around 142.00 and below, then in the long term, we can expect growth, as we have discussed here before. But if we follow this blue scenario without updating the minimum, I will lean towards extending and complicating the correction structure, ultimately still reaching the minimum. These are the thoughts that have come to mind.