USDJPY - Bullish Cypher pattern

FX:USDJPY   U.S. Dollar / Japanese Yen
78 0 1
The price is in range between 121.52 and 116.10 for quite sometime. Furthermore, price is making descending channel now that aligns (lower channel) with bullish cypher pattern at 117.09. One can look to buy at that level for potential profit at upper channel.

Happy pipping.
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