The USDJPY is consolidating in early Monday after strong bearish acceleration last Thu/Fri that extended pullback from new 24-year high to two-week low (135.57). Friday’s close below initial Fibo support at 136.31 (23.6% of 126.36/139.39 upleg) generated negative signal which was boosted by weekly bearish engulfing on the first weekly close in red in 8 […]
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