USDJPY is retesting the 142 – 143 resistance zone as a larger 3-3-5 regular A-B-C flat correction, where wave C can be already in final stages. So, still watch out for strong bears, especially if we will get sharp or impulsive intraday reversal down. Bearish confirmation is below 138 level.
The post USD/JPY Retesting Strong Intraday Resistance appeared first on Action Forex.
The Biden Administration’s latest moves against Chinese EVs are its most direct yet. Related: Former Audi designer exposes the benefits of working with a Chinese automaker President Joe Biden announces increased tariffs to promote American Read more…
Tesla (TSLA) CEO Elon Musk is reportedly having second thoughts about laying off the company’s Supercharger team. Musk is allegedly hiring back most of the 500-member group after giving them the boot a week ago Read more…
TheStreet’s Conway Gittens brings the latest business headlines from the floor of the New York Stock Exchange as markets close for trading Tuesday, May 14. Related: Walmart makes a harsh decision, cracking down on remote Read more…