Daily chart is negative after the failure ahead of the huge 149.43 Fibo

149.43 Fibo is 38.2% of the 161.96-141.68 (July to August) EBS drop

There was a big drop on Friday and Monday after peaking at 149.40

Fourteen-day momentum remains negative, highlighting the bearish market

Scope is growing for a much bigger drop to retest the August 141.68 low

USD/JPY Trader TGM2336. Previous update nL1N3K3075