USD/JPY Breached Rising Wedge Pattern South

<p>Yesterday, the USD/JPY currency pair breached the rising wedge pattern south. During Wednesday morning, the pair was trading in the 108.90 area. Note that the exchange rate is pressured by the 55-hour SMA near 109.00. Thus, some downside potential could prevail in the market. In this case the rate could gain support from the Fibo […]</p>
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