USD/JPY Attempts Triangle Breakout
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-USDJPY is threatening triangle resistance. A break opens up a test of 104.78 although new multiyear highs would eventually be expected.
-Recently broken resistance from 102.30 to 102.80 is now support if the market is thrust back into the range.
LEVELS: 101.63 102.30 102.80| 103.40 103.75 104.78
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