USDJPY (WEEKLY) - DOWNTREND STILL INTACT

Price has been rejected by Median Line (black) and 50% Median line (red). This signals a strong down trend for the coming weeks. Currently price is at around 107.8. Estimated that price will fall to 103.8 (Blue triangle).

On the upside, price should stay within the green triangle zone.

PitchforksTrend Analysis

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