USDJPY Maybe a Triangle? 16.03.2023

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USDJPY Maybe a Triangle? 16.03.2023 by BDSwiss_Academy on TradingView.com

USDJPY has entered in to a consolidated state and it looks like is forming
a triangle.

Looking forward for a triangle breach downwards instead of upwards.

If it breaks upwards there are too many resistance points that might slowdown
the momentum.

Breaking downwards has more potential for a rapid drop.

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