And here is the unpleasant situation that has arisen on USD/JPY. It's not time to bury the rise just yet, but it's clear that executing the exit according to the blue scenario will be challenging. We had a very good drop on Friday at the Keltner Channel Lower Band, but what followed was definitely unnecessary. Now, what to do with this tail and how to interpret it is still unclear. We always know how to interpret things, but how to trade it is unclear. The blue scenario has become highly probable with a continuation of the price decline after a small correction towards 149.85, where today's Keltner Channel Lower Band and the channel's lower boundary are located. In general, we will see, but the situation is not looking good for growth at the moment.
