USDJPY: Is That a Bearish Trap?! 🇺🇸🇯🇵

Feels like we have a bearish trap on USDJPY.
The pair looks very oversold after FOMC yesterday.

Testing the key daily structure, the price went below that
but then quickly recovered, making me think that the violation was false.

We can anticipate a pullback now to 142.76

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Trade closed: target reached:

T1 reached!