USD/JPY Forecast. Forex Analysis

jpy_1_news4 hour

The USD/JPY breakout broke below the -27.2% Fibonacci target is continuing towards the next target at the-61.8% Fib near 105.

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The USD/JPY indeed made a retracement towards the top of the falling wedge pattern before continuing lower and breaking below the -27.2% Fib target.

4 hour

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Origin: Admiral Markets

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