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USDJPY 1H TECHNICAL ANALYSIS

Falling wedge pattern, the price is appreciated, now the time for little correction of 100 PIPS before moving upwards. We take short position to grab those 100 PIPS
Nota
You can observe in below 15M chart of USDJPY that whenever we see a rising wedge pattern, the price falls - At the moment, the price is ready to fall down to 113.70 and than 112.50 which is our target.

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Dagangan aktif
Moving down to 113.70 than 112.70

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Dagangan aktif
Landing soon to 113.60

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Dagangan aktif
113.60 hit, now 112.70 and than 112.50 on the table
Dagangan aktif
Descending channel is intact till 112.70 in 5M chart.

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Dagangan ditutup: sasaran tercapai
Multiple targets achieved in 19 days.

Penafian