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USD/JPY: Pullback Acceleration Adds to Signals of Reversal

Started by PocketOption, Dec 10, 2022, 03:50 am

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PocketOption

USD/JPY: Pullback Acceleration Adds to Signals of Reversal

The USDJPY accelerated lower on Friday after a triple daily Doji, adding to signals that short recovery from 133.62 (Dec 2 low, the lowest since Aug 16) might be over. Fresh bears hit 50% retracement of 133.62/137.85 upleg and eyeing key 200DMA (135.03) for retest, after attacks on Dec 2/5 failed to register a clear […]


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