USDJPY: POTENTIAL BREAKOUT TO THE UPSIDE
USDJPY is trading in a descending wedge. The selling pressure seems decreasing. I'm expecting a breakout to the upside. A strong breakdown under the previous low invalidates this setup.
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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.