USDJPY Ascending Trend Line Breakout
In the hourly time frame we see price pushed up to an important level of resistance and then reject below breaking out of its respected uptrend. The Market is showing us that price can begin consolidating at the key swap level price is at right now and this breakout could be an exhaustion for the bulls before they come back in with another impulsive push up breaking our resistance or this can be a breakout, pull back and price pushes down to our key support level.
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