Forex_42

USDJPY Trade Analysis 27.04.2020

FX:USDJPY   U.S. Dollar / Japanese Yen
Hello Traders,
USDJPY has formed a descending triangle now.
Most of the time, price will eventually break the support line and continue to fall.
If price break the support line we will be looking for a short position targetting 104.50 - 105.00 monthly key level area.

Good luck!
Thank you for your support!
Forex42

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