The USDJPY market is bearish with pressing selloffs signaling a breakout under a 121.18 low the 38% Fibonacci retracement. Sustained action under 121.18 could open up a selling wave to 119.95 (50%). Corrective rebounds will likely struggle with the accelerating momentum of declines from the past several days.
Last Updated Date: 31 March 2022 @ 7:50 AM (UTC)
*Please note that all the dates are in GMT time zone
