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U.S. Dollar / Japanese Yen
Short

USDJPY Possible Short

63
USDJPY

After ranging in a Bullish Wedge, price broke the support @ 107.695 and came back to retest forming an Inverted Hammer at the new resistance

Probability is that a Flag is about to form with an exit around 107.003
Nipri
Candlestick AnalysisFlagWedge

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Candlestick AnalysisFlagWedge
Nipri

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.