USD/JPY Outlook: Fresh Weakness Results in Eventual Break Below 200DMA

<p>The pair extended weakness to 1 1/2 week low in early trading on Monday, as risk-off mode dominated in Asia as markets got disappointed by OPEC decision, expecting stronger action from the cartel Fresh weakness broke below 200DMA (108.33) which contained attacks in past two days and pressuring another important support at 107.69 (Fibo 38.2% […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/286792-usd-jpy-outlook-fresh-weakness-results-in-eventual-break-below-200dma/">USD/JPY Outlook: Fresh Weakness Results in Eventual Break Below 200DMA</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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