akyong
Long

USDJPY: Price in Consolidation, Bias to the Upside

FX:USDJPY   U.S. Dollar/Japanese Yen
55 0 3
Price continued to trade within the downtrend line and is currently consolidating within the triangle pattern . Last week price tested back on the Demand Zone and as long as price remains above 100.30, we are expecting price to break above the down trend line , testing the previous resistance at 104.00.
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