美元/日元
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USDJPY: Weekly Forecast 6th - 10th Jan 2020

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A new major bearish trend has just begun for USDJPY.
It was seen coming since it broke below a 42-month rising channel in early August 2019.
The price has consolidated upwards from a low of 104.47 for nearly 5 months.
And finally, the price broke below the 5-month rising trendline, turning USDJPY into a bearish structure.
Await pullback and sell at the supply zone seen around 108.60.

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