USDJPY above 99.15 completes a bull “triangle”

USDJPY has broken above key resistance from its downtrend from May and recent high at 99.15, and assuming a close is achieved, this should confirm a bullish “triangle” has been established. We believe this could act as the catalyst for a sharp acceleration higher, back to 101.54/61 initially, then to retest the 103.10/103.74 resistance zone. Read the full report

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