Pip.Gawd

UJ looking to turn downward.

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Looks like the FOREXCOM:USDJPY is about to take a turn to the downside. First, we are in an area of strong resistance. Secondly, I am observing a possible rising wedge pattern forming, which predicts a reversal is soon to happen. If the pair does start trading lower, look to buy back at the bottom of the range in the 108.50 area. Good luck trading!

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