The current USDJPY structure suggests that the formation of a global cycle impulse could have been completed not so long ago. Then the fall of the exchange rate and the formation of a new bearish trend began. It is assumed that a bearish double zigzag of the primary degree Ⓦ-Ⓧ-Ⓨ may form in the market. […]

The post USD/JPY: Bearish Trend Likely to Complete Near 127.93 appeared first on Action Forex.