Here we see the recovery mode of the JPY index and the potential for further growth. The pullback to the 61.8% Fibonacci level in the previous two cases, the last pullback to the 50.0% level, and the formation of a new higher high each time with a new bullish impulse.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.