USDJPY remains firmly in red and cracked pivotal Fibo level at 140.48 (61.8% retracement of 127.22/161.95), the upper boundary of 140.48/00 key support zone, after renewed weakness in past two days fully offset positive signal from Wednesday’s long-tailed daily candlestick. The pair is on track for another weekly loss, with long upper shadow on weekly […]
The post USD/JPY Outlook: Bears Hold Grip and Crack Pivotal Support Zone appeared first on Action Forex.
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