Narrow consolidation follows Monday’s drop which found temporary footstep at 147 zone. Pullback from last week’s three-month high (149.18) pauses but still has more space to extend lower. Fibo 38.2% retracement of 142.68/149.18 (146.70) marks solid support which should contain dips and mark healthy correction of the bull-leg from 142.68, before larger bulls regain traction. […]The post USD/JPY: Pullback to Find Firm Ground Above 146.70 to Keep Larger Bulls Intact appeared first on Action Forex.