USDJPY-Weekly Market Analysis-Jun22,Wk1

USDJPY, a sideway consolidation best present itself as a trading opportunity, in order for the break to happen on the upside, the candlestick has to break and close above 127.25. Towards the downside is much easier, provided there isn't any candlestick wick danging like what we saw on the current chart.

Sideway consolidation is my favourite breakout setup.

RaynLim

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