USDJPY: Correction not over yet.U.S. DOLLAR / JAPANESE YENFX_IDC:USDJPYInvestingScopeUSDJPY is oversold on its 1D technical outlook (RSI = 26.526, MACD = -1.170, ADX = 37.061) with 1W not far behind (RSI = 38.841). Last week it closed under its 1W MA50 for the first time since September 25th 2025 and is about to test its 1W MA100 now. This hasn't been by any means a market support, so our focus is on the 1W MA200, which has been the multi year Support and despite the long term pattern being a Channel Up, we expect to hit it and rebound. Target the 0.618 Fibonacci on the bounce (TP = 158.000). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##