USD/JPY: The Weekly Probability is Bullish as price is retracing

USD/JPY: The Weekly Probability is Bullish as price is retracing inside the Down AB Boundary. There is an UP AB Boundary on the Daily chart and the B-High was breached suggesting that price is moving Bullish to the Fib 1.27 extension at 110.53. The Fib 1.27 extension was hit, suggesting that price is overbought Get this chart and analysis for free. Copy and Paste the following link in your browser: https://smarttrader.com/charts/tkriek/aod-ny-workspaces-29-apr/