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monssonalma

USDJPY 25.05.2020

U.S. Dollar / Japanese Yen (FX:USDJPY)  
monssonalma  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns rising Wedge technical analysis patterns Support and Resistance support
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trendanalysis chartpattern rising wedgepattern technical analysis patterns supportandresistance support
Good day everyone!
Rising wedges usually breaks to the downside as we can all see in this USD/JPY pair.
As it stands the US Dollar is getting weaker and I believe that the market could go as low as 107.000 to 106.750 range where we could see a push to the upside again towards the 110 range.

Wish you a great day in trading and be safe!
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