USDJPY Bear Flag: Reversal off .382 Retracement
Updated
USDJPY has moved in a rising channel to retest the .382 fib retracement level of the AD impulse wave.
Price has recently broken this channel to the downside, and has broken below horizontal support.
I expect the price to retest the broken channel before continuing to the downside.
Price has recently broken this channel to the downside, and has broken below horizontal support.
I expect the price to retest the broken channel before continuing to the downside.
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