The current price action suggests a potential bearish scenario for USD/JPY. After a period of consolidation, price seems to be setting up for a downward move. The market is showing signs of weakness, with key indicators indicating a possible trend reversal.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.