USDJPY edged higher on Tuesday morning after 1.1% drop on Monday which added pressure on the pair, following repeated upside rejection under double Fibo barriers at 144.13/21 (broken 76.4% of 139.57/158.87 / 38.2% of 151.20/139.88). Strong negative momentum on daily chart and most of MA’s in bearish setup suggest that the downside remains vulnerable and […]
The post USD/JPY: Repeated Upside Rejections Keep Downside at Risk appeared first on Action Forex.
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