USDJPY weekly 2x target tagged – what’s next?
USDJPY posted a clean breakout to the upside and tagged the weekly 2x absolute expansion target.
It resulted in a 1-2-3 sell visible on 4 hours. but that stopped at 50% of current week range.
USDJPY has now positioned itself into potentially making a very explosive move by next week.
Definitely on my watch list now.