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USD/JPY: Descending Triangle

USD/JPY, 4 hours    SHORT Nov 26
As we can see a descending triangle is close to being done and USD/JPY requests a bigger impulse down as a verification of a breakout. A descending triangle identifies a bearish pattern that is used to spot extending an downtrend if price breaks out. USD/JPY to resume its downfall to 153 as USD/JPY challenges 153.2 hurdle.
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