ElemontFX
Long

USDJPY POTENTIAL BREAKOUT

FX:USDJPY   U.S. Dollar/Japanese Yen
118 0 6
USDJPY             has just broken out of a narrow flag pattern & bounced off the 200 MA, so we expect price to go and retest the former trendline.

Do note USDJPY             broke out of a more major flag pattern lower, so overall trend remains bearish . Manage your risk accordingly.
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