USD/JPY Outlook: Bears Extend Through Key Fibo Support

<p>The pair stays in red for the fourth consecutive day as rising demand for safe havens on strong uncertainty keeps yen inflated. Today’s action broke below important Fibo support at 107.69 (38.2% of 101.18/111.71) which was cracked on Monday but without clear break. Rising bearish momentum and daily MA’s in full bearish setup (5/200 death-cross […]</p>
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