USD/JPY Outlook: Fresh Bears Look for Confirmation on Close Below Broken Key Supports

<p>The pair accelerated lower on Tuesday, being down around 0.6% since opening in Asia, as dollar weakened across the board on renewed risk sentiment over relaxing coronavirus restrictions. Fresh bears broke below double-bottom at 106.92 and also surged through thickening daily cloud (106.70/107.01), to post new nearly six-week low at 106.56. Close below 106.92 would […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/290817-usd-jpy-outlook-fresh-bears-look-for-confirmation-on-close-below-broken-key-supports/">USD/JPY Outlook: Fresh Bears Look for Confirmation on Close Below Broken Key Supports</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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