Ometrading

38.2-50% fibonacci retracement. Corrective structure-USDJPY

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OANDA:USDJPY   美元/日元
After a huge bullish impulse, price is retreating to the last resistance level wich becomes support level. We can expect some sideways movement till 50% fibonacci. Long opportunity cames after the breakout of the corrective structure. Let's see how it develops

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