DeGRAM

DeGRAM | USDJPY upward wedge pullback

Short
DeGRAM Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY is moving within the boundaries of an ascending wedge.

The chart broke through the descending channel.

The price is under the resistance level, which coincides with the 50% retracement level of the last bearish impulse.

We expect a pullback.


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Trade closed: target reached

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