As we discussed Tuesday, the USDJPY is the key indicator to watch. And, it’s off to a good start…
UPDATE: 10:05 AM
Look for the slide to continue, targeting the gap close at 104.33? But, that’s just the purple .618. The purple .786 or .886 take the pair all the way to the channel bottom and make for a more interesting first day at a decline of 1.31-1.46.
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