Thursday, October 15, 2026

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USD/JPY rebound limited to 122.25

Move down to 121.96 followed by rebound only to 122.25, pushing down again Market very much risk off, Shanghai Composite off early low but still down large Initial support at 121.70 on base of daily Ichi cloud Stops belo…

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Move down to 121.96 followed by rebound only to 122.25, pushing down again

  • Market very much risk off, Shanghai Composite off early low but still down large

  • Initial support at 121.70 on base of daily Ichi cloud

  • Stops below 121.70 large, break to target ascending 100-DMA at 121.06 level

 

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