Tag: market insight

Absent any obvious support on the daily chart, technicians are likely to target the 38.2% and 61.8% Fibonacci retracement ratios derived from legs A-D at ¥141.33 and ¥139.74, respectively. Daily Chart: TradingView Weekly Alternate AB=CD Bearish Pattern Also in Play Interestingly, on the weekly timeframe, we can see that price action has also been working…