USD/JPY Trades With Symmetrical Triangle Pattern

<p>The USD/JPY currency pair has revealed a symmetrical triangle pattern. From a theoretical point of view, it is likely that the exchange rate could trade sideways within the predetermined pattern within a following trading session. Meanwhile, note that the rate could gain support from the 55-, 100– and 200-hour SMAs, as well the weekly PP [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/354289-usd-jpy-trades-with-symmetrical-triangle-pattern/">USD/JPY Trades With Symmetrical Triangle Pattern</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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