kier.hetherington
Short

USDJPY Forming Triangle - Bearish Movement Expected

FX:USDJPY   U.S. Dollar/Japanese Yen
27 0 0
Symmetrical triangle formation on USDJPY             , with lower highs and higher lows being made since mid-February. Volatility is being squeezed as of late, with uncertainty developing in the market. A break of the lower trend line could signal a move to the downside, continuing the previous downtrend that started February 1.
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