GBP/USD fell during the session to trigger the sell signal from the Monday shooting star. However, the later part of the session saw a bounce, suggesting that the near-term outlook for this market is going to be sideways with a downward bias.
USD/JPY continues to be a "fade the rally" pair as the Tuesday session saw a pullback in this pair. 78 is obviously massive resistance at this point, and one has to wonder if the market will insist on testing the Bank of Japan yet again.
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