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U.S. Dollar / Japanese Yen
Short

USDJPY. Medium-term analysis

By AlexeyWolf
Updated
On the weekly timeframe, we have a sideways market. The current short-term trend vector is 5-6
Comment
The price briefly tested the level of 151.944, and we're observing a weak bearish reaction. There's a high probability that the starting point of the bearish vector I anticipate will be even higher.
Comment
For more details on how to interpret charts, refer to the guide here.
Trade in a sideways market
Comment
The price movement forecast is current. I am watching the price behavior above the level of 159.944.
advancedvsaalexeywolfMultiple Time Frame AnalysismultitimeframeanalysisrangesidewayssupllyanddemandSupply and DemandVolume
AlexeyWolf
Good luck with your trading!

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