USD/JPY Turns Back to Bearish Mode from Resistance

<p>USDJPY turned sharply down from projected resistance as we warned about on July 31. Well, A-B-C correction can be now completed and we should be aware of a sell-off after the NFP report, ideally within a new five-wave bearish impulse, just be aware of short-term pullbacks. Bearish confirmation level is still far away below 138 […]</p>
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