USD/JPY: Symmetry & Extension Target; EUR/USD: Quick Wave-V

The downtrend channel in USD/JPY from 102.80 is still intact but a higher low is now in place above 101.07 as last week’s decline halted 2 pips above, notes Nomura. “Now a higher high above 101.80 could offer the first sign that a change in trend is taking place,” Nomura argues. “S/t, the …

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USD/JPY: Symmetry & Extension Target; EUR/USD: Quick Wave-V – Nomura

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