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Triangle pattern formation on USDJPY
U.S. Dollar / Japanese Yen
Long
Triangle pattern formation on USDJPY
By ForexTrendline
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May 5, 2021
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May 5, 2021
USDJPY is currently in an uptrend.
Most recent price action forms higher lows and lower highs, which is also known as a triangle pattern formation.
We expect to see a breakout of this triangle and trend continuation.
A close above 109,49 will confirm the breakout and then we will be looking at 110,15 level next!
Look out for our daily analysis here and for new opportunities as well!
Chart Patterns
forexsignals
Trend Analysis
Triangle
trianglebreak
trianglepattren
USDJPY
ForexTrendline
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