ElemontFX
Short

USDJPY FORECAST

FX:USDJPY   U.S. Dollar/Japanese Yen
61 0 2
USDJPY             is currently testing the highs of a major flag pattern on the Daily. If it were to breakout, we expect price to head towards the next major resistance level. If price action continues how it currently is and fails to breakout, we have a nice short entry as they try continue the pattern or begin a new pennant structure (orange)
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