usdjpy long term short
usdjpy broke out of the wedge pattern recently and has just reached a previous support level which could now turn resistance looking for more confirmations via MACD, RSI and candlestick rejections. price could consolidate as well so best to place a sell stop below far below this resistance zone in case of a fake out then ride it all the way to the bottom.
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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.