USDJPY seems to have formed a rectangle pattern. Such patterns are very difficult to break, so be careful when trading. It can be successfully traded by buying at support and selling at resistance or by waiting for a breakout.
breakouttradingChart PatternsTechnical IndicatorsrectanglepatternssupportandresistancezonesTrend AnalysisUSDJPYusdjpyanalysisusdjpydailyusdjpyforecastusdjpylongusdjpyshort

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