USDJPY Long ... testing upper boundary of rectangle
Updated
The Japanese yen appears to be weakening against the US dollar, testing the boundary of the rectangle as we speak.
IF this breaks, it is looking like a pretty decent trade... keep your eyes on this one.
IF this breaks, it is looking like a pretty decent trade... keep your eyes on this one.
Comment
Looks like price is teasing the upper boundary of the rectangle as we speak.Going down to the 4-hr chart, we also have a Cup & Handle launching pattern.
We may have a signal this week!
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