Fresh bearish acceleration on Monday (down 1.1% since opening), broke clearly through pivotal Fibo support at 138.62 (61.8% of 130.39/151.94) which recently contained several attacks and cracked Nov 15 spike low at 137.67, hitting the lowest since late August. This signals continuation of larger downtrend from multi-decade peak (151.94), which paused for consolidation in past […]
The post USD/JPY: Signals of Bearish Continuation Expose Fibo Target at 135.47 appeared first on Action Forex.
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