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Cypher

USD/JPY Technical analysisUpon factorising two fundamental events, US GDP and JPY’s policy decision, the counter wiggled both sides. It indicates uncertainty in the counter as both the events emanated positive outlook for their respective economy. Then the DXY index went through a profit booking rally, owing to which USD/JPY also slid. But, now the counter has two short-term reversal patterns. One, ABCD pattern which completes at 111.184 zone. Second, the cypher pattern which also completes at the same point. The zone i
Long
by traderpulse