YProsper

USDJPY Direction depends on FED

FX:USDJPY   U.S. Dollar/Japanese Yen
32 0 1
We're trading in a triangle atm. No direction until Thursday is how i see it.
We've broken out of the Pennant, retested the TL and continued lower.
Now that we're trading around 120.5 we need direction once again.

I will trade the direction of the breakout. MA's favour the upside.
Upside target 125.5
Downside target 115.5

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