USD/JPY Price Analysis: Bears move in and eye a significant correction towards 131.50

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USD/JPY Price Analysis: Bears move in and eye a significant correction towards 131.50
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USD/JPY Price Analysis: Bears move in and eye a significant correction towards 131.50 USDJPY Currencies Technical Analysis

Bears will seek a move to test the prior highs and the neckline of the W-formation. has moved into a phase of consolidation near 132.90 and below 133.00 the figure that has served as a key area in the prior days of March. If the bears commit, then a correction could be on the cards and given the W-formation, this is a high probability.

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