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USD/JPY through 156.29262962962966. Is this a confirming a breakout? Will it continue its path in the current trend toward 155.4349?

USD/JPY has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we may see the price of USD/JPY testing 155.4349 within the next 22 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

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