C=A x Fib. 1.382 which means;
110.02=108.467 + (109.365-108.241) x Fib.1.382
110.088 was only 6 pips above the 110.02.....
USD/JPY had already fallen down into the bottom area of the Yellow channel extension.
If it will go down far below the Yellow channel bottom extended line (Pink line), USD/JPY
will go far South.
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