USDJPY facing bearish pressure | 16th Aug 2021

Price may bearish below the pivot at 109.531 in line with 61.8% Fibonacci retracement and 50% Fibonacci extension to take profit at 108.722 in line with Horizontal swing low. Otherwise, price may bullish to stop loss at 109.913 in line 78.6% Fibonacci extension .

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Chart PatternsHarmonic PatternsjpyTrend AnalysisUSDUSDJPY

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