It is a rarity that a technical pattern works out so well and so quickly, but then again even a blind squirrel finds an acorn every once in a while.
USD/JPY slipped just below the measured move objective at 94.55 from the double top identified earlier on the hourly charts. Better lucky than good…
94.36 is channel support on the dailies in USD/JPY while solid support on the short-term charts resides at 94.00.
