USDJPY strong uptrend needed correction. In this moment this correction is healthy. I don't expect USDJPY to continue sharp drop to levels over 130 and 128. DXY corrected over 3% and there are big probability for a range move in one month period ahead.
- By Elliot Waves the price forming A-B-C correction. - In the end of C-5 corrective wave - Sharp volatility capitulation
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