USDJPY remains under increased pressure on Monday and extends steep bear-leg from 151.43 lower top into third straight day. Last week’s close below psychological 150 level generated initial bearish signal which was boosted by today’s extension through 148.44 (Fibo 23.6% of 137.23/151.90 rally) and drop into rising daily cloud (cloud top lays at 148.37). Daily […]
The post USD/JPY: Bears Increase Pace and Penetrate Rising Daily Cloud appeared first on Action Forex.
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