The USD/JPY pair appears to be forming a potential reversal pattern, suggesting a shift from bullish to bearish momentum. The key level of 148.55 is anticipated to act as a turning point, with price potentially heading down toward the 141.647 support area in the near term.
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Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.