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Long

USDJPY In Accumulation

FX:USDJPY   U.S. Dollar/Japanese Yen
40 0 0
USDJPY             Is in accumulation to attempt to tag a level in the 120 area. There is a lot of downward momentum on the monthly and weekly charts so watch to see if this gets absorbed. 2/3 of the wedge I would look for breakout, if we reach the apex of the wedge then it has been absorbed and will more than likely fail.
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