KN_FXtrader
Short

USDJPY Technical Analysis

FX:USDJPY   U.S. Dollar/Japanese Yen
The byuers has tried many times from the area of 118.75/118.35 to push the price up however bears keep it in a range. We can observe a descending triangle shaping. In my opinion bulls could not be able to keep for one more time the price above the area i refer previously. Therefore i think the price could reach at first the level of 118.00
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