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USD/JPY: Increased Downside Risk Under Daily Cloud

USD/JPY: Increased Downside Risk Under Daily Cloud
Near-term action holds in red for the third consecutive day, as bears regained control after a triple upside rejection at daily Ichimoku cloud top. Today’s extension below daily cloud base (132.56) and daily Tenkan-sen (132.33) adds to downside risk, with close below these levels needed to confirm scenario. South-heading indicators on daily chart and weekly […] The post USD/JPY: Increased Downside Risk Under Daily Cloud appeared first on Action Forex... Read More
Posted: Apr 14 2023, 08:51
Author Name: actionforex
Views: 082053

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