U.S. Dollar / Japanese Yen

USDJPY Consolidation

Updated

UJ has been in an overall uptrend for over a year now and is once again testing a key weekly level of Resistance. Look for a significant breakout from the consolidation zone followed by a restest to enter long term long/short positions going into 2019. #UJ #Swingtrade #Structure

Note

Failed attempt to break towards the downside.

Note

Breakout from the consolidation zone.

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