USDJPY, “US Dollar vs Japanese Yen”
The USDJPY pair is currently in a consolidation phase around 155.90. The consolidation range might extend to 156.14. Subsequently, the price could decline to 154.76.
Practically, a wide consolidation range is expected to form. A downward breakout will open the potential for a decline wave towards the first target of 152.20.
Origin: RoboForex
