Long term Pennant completes
Intraday Update: The USDJPY has basically completed the long term pennant on the dip below the 130.00 level today. The move may not be over, but short this pair has to be careful as the RSI is majorly divergent as we near the 78% retracement under 129.50. Any bounce back towards the 132.00 should find sellers near term.
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