USDJPY has formed Head and Shoulder pattern with strong bearish divergence. Sellers took the benefits from this pattern and price break through the HnS neckline.
As the sellers looking very aggressive , if the price retraced back to 50% Fib level, will be good level to sell again on strong bearish candle.
As the sellers looking very aggressive , if the price retraced back to 50% Fib level, will be good level to sell again on strong bearish candle.
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