FXTechstrategy Team
0
All posts from FXTechstrategy Team
FXTechstrategy Team in FXTechstrategy Team,

USDJPY Faces Bear Threats On Corrective Pullback

USDJPY: The pair lost upside momentum following its failure at 123.59 level to close lower on a rejection candle on Monday. While the 123.59/78 zone caps, we think more weakness should follow. On the downside, support comes in at the 122.50 level where a break if seen will aim at the 122.00 level. A cut through here will turn focus to the 121.50

The post USDJPY Faces Bear Threats On Corrective Pullback appeared first on FXTechstrategy.