kier.hetherington

USDJPY Forming Triangle - Bearish Movement Expected

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
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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