USDJPY hit trendline and is currently consolidating. This can be a trend continuation pattern and a break above (which is the more promising setup now) opens the path to 126 and above. For a sell setup, I would need to see a break of the parallel channel, followed by a flag because it could be a more complex correction than an parallel channel. Good luck
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RrrussT1
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Excellent! Thank you much for the Look! Be yee Mucho Careful .. BOJ most likely has More Ammunition.. they're are just temporarily HOLDING BACK. They MAY have been told to QUIT ALREADY .. by the FED, or by CHina .. or ?? Sleep with One-Eye-Open!! RJ