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USD/JPY: Pullback Acceleration Adds to Signals of Reversal

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 […] The post USD/JPY: Pullback Acceleration Adds to Signals of Reversal appeared first on Action Forex... Read More
Posted: Dec 9 2022, 12:35
Author Name: actionforex
Views: 102510

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