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DeGRAM | USDJPY double topped

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
DeGRAM  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns USDJPY usdjpyanalysis usdjpyforecast usdjpyprediction usdjpysignal
41
16
trendanalysis chartpattern usdjpy usdjpyanalysis usdjpyforecast usdjpyprediction usdjpysignal
USDJPY hit a major structural resistance level of 134.500 like a wall.

Price action formed a double top, indicating that the market cannot make a new high.

We expect some price relief or sideways move at the resistance. 





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