As we can see USD/JPY was previously trending upward until it hit a resistance and created a reversal down for sellers.
We want to acknowledge the bearish flag pattern. Also bring our attention to the fact the market is in agreement with flowing down back to support of price 129.945.
We are using the daily time frame so be aware of the long hold before price reaches out tp 1-2 weeks.
Use proper risk management and proper leverage!
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