Elliot_Myers

USDJPY Breakout Opportunities This Week

FX:USDJPY   U.S. Dollar/Japanese Yen
Price has entered the range (green lines) with bears and bulls exhausted at both extremes.

Wait on a break of either side for entry opportunities.

Current bias is to the downside as price has re-bounded off of the 61.80% fib level and looks set to re-test the lower range boundary at 108.224.

Good luck traders!
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