Currently, USD/JPY is trading at 107.20. The pair is trading in a down trend for some time by making lower low higher high pattern in the resistance and support wedges. There is a very small possibility for the pair to change the trend right now, it will move in the resistance and support wedges by making lower low higher high pattern.
Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
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