Currency
Short

USDJPY finally broke out

FX:USDJPY   U.S. Dollar / Japanese Yen
45 0 3
After quite a messy month of trading, this pair has emerged from its accumulation phase. With the recent down move coming out of the FOMC statement, I was unable to catch the big and dangerous drop. Now the market presents a great opportunity to hop on this train with a nice consolidation. Sellers beware as the market may be near a turning point as can be seen with the recent back and forth pattern.
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