USDJPY trends lower for the third consecutive day and accelerated losses on Thursday, hitting the lowest in three weeks. Fresh bears spiked through pivotal supports at 146.80/70 (50% retracement of 142.68/150.91 / early Aug higher base) but need close below these levels to confirm bearish signal (also on completion on asymmetric Head & Shoulders pattern […]
The post USD/JPY: Bearish Pressure Eases But Downside Still at Risk appeared first on Action Forex.
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