The USDJPY has been violent lately - moving quickly in both directions. Last week’s spike has nearly been entirely retraced. The decline from 97.81 is impulsive, suggesting that the trend is indeed down. Fibonacci resistance extends to 96.78.
The USDJPY has been violent lately - moving quickly in both directions. Last week’s spike has nearly been entirely retraced. The decline from 97.81 is impulsive, suggesting that the trend is indeed down. Fibonacci resistance extends to 96.78.