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  • Vasily Trader

USDJPY Looks Bearish Today

Updated: Oct 6, 2020



🔻USDJPY has reached a strong horizontal 4H structure resistance .

the price has formed a triple top formation on that and broke below a support line of a rising wedge pattern confirming the strength of the underlined structure.

now the price is trading outside the wedge's boundaries.

bearish continuation is highly probable.

first goal - 105.46


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