USDJPY Analysis of 30.03.2022

We expected a retracement, but here we go further, so ...

Needless to go around it, the retracement stages are clear, we have theoretically finished the retracement we should start buying again, but something tells us it's not a good idea.

The reversal of the last high tells us that it was an overbought phase that was too exposed, a bubble practically, so we stay out, at least for today.


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