U.S. Dollar / Japanese Yen
Short
Updated

DeGRAM | USDJPY price exit from the channel

390
USDJPY is between the trend lines under the ascending channel.

The chart broke the ascending structure and broke the lower boundary of the channel.

The price has already reached the resistance level and the upper trend line, which has already acted as a pullback point twice and is now under the 50% retracement level.

We expect the price to decline.

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Trade closed: target reached
The lower trend line has been reached!

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