Forex Strategy: USD/JPY Upside Scenario Favored
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- USD/JPY Technical Strategy: Pending Long
- A Triangle pattern hints at upside continuation but confirmation lacking for now
- Closing above the pattern’s top (99.52) exposes 103.94 (38.2% Fib expansion)
Confirm your chart-based trade setups with the Technical Analyzer.
Weekly Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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