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Big movement expected on USD/JPY after a breach of the support

USD/JPY has broken through a support line of a Triangle and suggests a possible movement to 106.0585 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 13 days.

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