Japanese Yen Is On Strong Rally Against Majors On Risk Aversion

Discussion in 'Technical Analysis' started by Kaitlin, Jun 16, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    The pair dipped to fresh nearly two year low at 103.54, on bearish acceleration from session high at 106.00. Extension of bear-leg from 107.89 (07 June lower top) which also marks the wave C of larger descend from 111.43 (30 May peak), eyes 102.78 its 100% Fibonacci expansion, to validate[​IMG]

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