USDJPY broke below 101.38 support, indicating that the uptrend from 100.75 had completed.
Deeper decline to test 100.75 previous low support could be seen,a breakdown below this level will signal resumption of the longer term downtrend from 105.44 (Jan 2 high),then next target would be at 98.00 area.
Content curiosity of FOREXCycle
You must be logged in to post a comment.