emiltw

Last test for Yen before reversal/breakout

FX:USDJPY   U.S. Dollar/Japanese Yen
Dollar Yen has break the rising trend line yesterday but being false break. Now price testing another falling trend line which could possible be the last test for price before a reversal setup or breakout signal formed.

If the price could make a breakout, we Long after pullback from breakout, upside target 111.90
If the price being rejected by the falling trend line, we Short Yen, downside target 107.70

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