USDJPY Forecast

The USDJPY failed to stay below the triangle yesterday and now back moving inside the triangle, lead us back into no trading zone. This fact could potentially produce a false breakdown scenario especially if price break above the triangle, confirms the upside scenario. If price make another false break(out) above the triangle, then my technical outlook would be a mess and I should change my technical outlook for this pair. I will stand aside for now. Expected range at 92.10 – 90.70/50.

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