usd/jpy heading to the next extension
In this market we can see an uptrend and this thread is likely to continue, because the market is breaking through the range. This market is also heading towards the next Fibonacci extension at 1.272 , We would expect some retest at some point, however market has strong bodies of candles and we would be looking for small long opportunity before pull back.
This all is also in line with OANDA heat map.
This all is also in line with OANDA heat map.
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