USDJPY is moving in a descending channel between the trend lines.

The chart formed a pattern AB=CD, touching the dynamic support again.

The price has already reached the support level, which acted as a strong rebound point.

The dynamic support also acted as a rebound point twice.

We expect the rebound to continue after breaking the resistance.

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Chart PatternsSupport and ResistanceTrend Analysisusdjpyanalysisusdjpysignal

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