USDJPY Forecast:

The USDJPY made another insignificant movement yesterday as price still in consolidation phase inside the triangle. Expected range at 92.07 – 90.50. We need a break from the triangle to see clearer direction. Break above the triangle could trigger further upside momentum at least testing 93.00/50 area while break below the triangle could trigger further bearish pressure testing 89.00 region.

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