USD/JPY Outlook: Bears Regain Control After Short Recovery Was Capped By Daily Cloud Top

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<p>The pair returns to red on Friday after short-lived recovery on Thursday was capped by daily cloud top/weekly cloud base (107.56/60 respectively) and closed below cracked daily Tenkan-sen (107.20). Fresh weakness attacks again cloud base (106.70) after the action in past two days probed below the cloud but failed to register clear break, being contained […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/291757-usd-jpy-outlook-bears-regain-control-after-short-recovery-was-capped-by-daily-cloud-top/">USD/JPY Outlook: Bears Regain Control After Short Recovery Was Capped By Daily Cloud Top</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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