Some recent ideas review: USD/JPY
I was expecting this wedge to break up. The break actually happened but in opposite direction, so the idea was wrong. More then that - the price broke thru 111.500 which was a rather strong support since February. So more downside should be expected here.
Note
more downside as ecpected with tests of a strong support at 110.00
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Disclaimer
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.