wolfofmufken

USDJPY ONE LAST DIP BEFORE THE RISE

OANDA:USDJPY   U.S. Dollar / Japanese Yen
USDJPY has been trading and rallying between to very important key levels around 107.517 and 107.072 on the H1 timeframe forming a nice rectangle chart pattern, am expecting the price to sell out before heading on the initial move up. If the opposite happens and we manage to break out below 106.83 we might see the price going lower heading towards the 104 area.

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