USDJPY Trade In Descending Triangle Pattern

OANDA:USDJPY   U.S. Dollar / Japanese Yen
USDJPY is retraced 100% from its bottom and now it is constantly making lower high as you can see in the chart. Also, it is forming a descending triangle pattern which is a bearish pattern. We might see further downside in USDJPY once it breaks out of the descending triangle pattern. One can take short trade on USDJPY for longer-term trade.

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