FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY

USDJPY formed a double bottom on the 4-hour time frame. If this candle holds at the neckline there is a good chance that we could see price retest the 50 Fib.

We could also see a rejection at the 200 EMA on the 4-hour time frame giving us a bear flag.

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