Contributors Technical Analysis USD/JPY Valid Or False Breakout

USD/JPY Valid Or False Breakout

USD/JPY increased significantly today after the Friday’s indecision. Is pressuring the downside line of the symmetrical triangle and the 50% retracement level. Price continues to move in range between the 23.6% retracement level and the 50% level, only a valid breakdown below the 50% retracement level will confirm a large drop.

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