GBPJPY back to YTD low of 130.700?
Updated
Having made a new lower high, with a bearish engulfing pattern on the daily chart, gbpjpy will now be heading towards a new lower low continuing the 3 month downtrend. Ultimate target for this downtrend Will be 130.700, the same price level that was reached with the flash crash a few months back.
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TARGET HIT!
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