As expected, the price started to get stuck in correction. The small decline was only half bought back quickly. Now we are likely to see movement within a certain price range, with a breakout to the downside.

The expected decline is due to the beginning of the development of wave (3) of the emerging downward movement. The potential for movement in this situation is very good, but the Japanese yen still cannot find the key to the dollar. Each powerful attack by yen supporters ends with quick counteractions, bringing the price back to its original position.

Ultimately, the directed movement will occur. The signal for selling will be the breakdown of the current local minimum.

Recommendations: Sell 154.40, SL 154.70, TP 146.00.