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USD/JPY Technical analysis

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
traderpulse  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Wave Analysis priceaction Descending Triangle breakout jpylong safehaven traderpulse
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trendanalysis waveanalysis priceaction descendingtriangle breakout jpylong safehaven traderpulse
After a steep fall, the counter consolidated in a narrow range in the form of a descending triangle pattern.
The pattern by itself indicates a bearish bias, and it was validated by a bearish breakout as well.
Hence, we expect the counter to move further low from here.
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