USDJPY 1H FORMATION - Wedge with imminent downleg cycle
All Industry Activity Index (MoM) better than expected is somewhat strong for the YEN. Look for completion of head and shoulders formation as well a change in cycle to the downside.
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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.