USDJPY | Converging in right triangle
USDJPY has been in converging in triangle after giving a breakout from falling trendline. The main question here is either bulls are tired or bears are stopping bulls, as the price remain in constant stagnant situation.
Two possibilies are here;
a) A breakout above if only it manages to break 115.700 area.
b) A breakout below if only it manages to break 115.400 area.
Trade your levels accordingly.
Two possibilies are here;
a) A breakout above if only it manages to break 115.700 area.
b) A breakout below if only it manages to break 115.400 area.
Trade your levels accordingly.
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