Technical: Japanese Yen short-term outlook: USD/JPY searches support into April open

The Japanese Yen rebounded off a key pivot zone at yearly uptrend support last week with a breakout of a multi-month downtrend in USD/JPY fueling a rally of more than 8.2% off the January low. Price is poised to mark an outside-day reversal off Fibonacci resistance today and while the move does threaten a deeper correction near-term, the broader technical ...     Alert Apr 4, 2023, 1:16am Technical: Japanese Yen short-term outlook: USD/JPY searches support into April open The Japanese Yen rebounded off a key pivot zone at yearly uptrend support last week with a breakout of a multi-month downtrend in USD/JPY fueling a rally of more than 8.2% off the January low. Price is poised to mark an outside-day reversal off Fibonacci resistance today and while the move does threaten a deeper correction near-term, the broader technical ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support