USDJPY Looking to Breakout Long-Term (500+ Pips)
Based on my analysis of the pair's movements this year, I'd expect the pair to have a chance to reverse and continue working through its current channel down to about the 107 mark. However, this analysis is simply based on its current pattern which I predict it will break out from in the long-term due to discrepancies between the Fed and BoJ's macro-scale views.
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