USD/JPY Triangle Breakout
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-USDJPY has broken triangle resistance. The break opens up a test of 104.78 although new multiyear highs would eventually be expected within the larger uptrend.
-Recently broken resistance at 102.80 is now support if the market is thrust back into the range.
LEVELS: 102.30 102.80 103.23 | 103.90 104.20 104.78
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