JPY crosses have always been one of my favorites. Exception is USD/JPY as it is less volatile, though on higher time frames such as daily and weekly there is relatively good price movement. After an impressive bullish trend which lasted more than 6 months pair finally consolidated forming symmetrical triangle. Then it broke higher signaling potential trend continuation, it even made new high. However this breakout was stopped at 105.00 level. Notice that on the monthly chart this whole move stil…
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