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

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    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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