USD/JPY – Long-term 50% Fibo support stands exposed
Dollar’s retreat from Asian session high of 102.83 followed by a break below 102.11 (61.8% of 98.787-107.494) suggests the minor corrective rally from Friday’s low of 101.97 has ended and a daily closing below 102.11 would signal continuation of the downtrend from post Brexit high and suggest drop to 100.84 (76.4% of 98.787-107.494) – 100.71 (50% of 2011 low – 2015 high).
On the higher side, only a day end closing above 103.55 (June 16 low) would signal bearish invalidation.
On the higher side, only a day end closing above 103.55 (June 16 low) would signal bearish invalidation.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.