Sellers have managed to fully retrace the previous sharp price surge, confirming earlier assumptions about a further impulsive decline. Buyers now appear weakened, giving the Japanese yen an opportunity to strengthen slightly.

There is a possibility that we will see a strong downward movement throughout the day, driven by the extension of wave 3. The previously set targets remain relevant and present a potentially attractive opportunity to participate in this move.

Selling positions should be opened upon the renewal of the current local low.

Recommendation: Sell 153.65, SL 153.90, TP 149.00.