USD/JPY: Meeting the 38.2% legdown retracement (Feb. 28, 2023)

USD/JPY has stood quite much on its feet during the last few weeks, following a terrible 2500 pips downmove. The next test will be the 38.2% retracement of that bear.

Disclaimer> This post is informational only. This post is not a trading or investment advice! Financial markets are inherently risky. Manage your position size carefully and honor your risk management which only you are responsible for!