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Bearish Break Below Double Bottom

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
On 7/24/20 USDJPY broke below double bottom support, there's no significant chart support until the area around the last significant low made on 03/09/20.
Both daily Stochastic and RSI are still above their oversold zones and implies price could continue lower.

A near term move above 107.54 would invalidate the bearish forecast.

Mark

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