USDJPY Could Be Poised For A Breakdown

FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY             could be poised for a breakdown and resume it's longer-term trend. We will be waiting for a hourly close below the short-term trendline drawn on the chart as well as confirmation from our algorithm. If we take this trade we will be correlating it with CHFJPY             , although proper money management must be put in place.

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