USD/JPY on Track for Deeper Fall after Break of Key Supports

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USD/JPY on Track for Deeper Fall after Break of Key Supports

The USDJPY remains under increased pressure and extending weakness into third straight day, after recovery failed to sustain break above 100DMA (141.13) and fresh bears emerged below ascending thick daily cloud, after recent actions were repeatedly contained by cloud base. Bears probe again through cracked Fibo pivot at 138.62 (61.8% of 130.39/151.94 upleg), with eventual […]

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