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Jul 9, 2021 10:53 AM

USDJPY, a classical trendline breakout  Long

U.S. Dollar/Japanese YenFXCM

Description

A classical trendline breakout occured this week on USDJPY pair . It broke the uptrend market structure following by a major drop down from the trendline and by removing previous Higher Low. A retest is expected at the S/R area before moving down. My bias is bearish unless it breaks the market structure.
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