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Talking Points
- USD/JPY Technical Strategy: Pending Long
- Prices broke out of a Triangle chart pattern and pushed above 100.06 (23.6% Fib)
- We will look for confirmation on the close of the current bar to look for long entries
Confirm your chart-based trade setups with the Technical Analyzer.
Weekly Chart – Created Using FXCM Marketscope 2.0
— Written by Ilya Spivak, Currency Strategist for DailyFX.com
Contact and follow Ilya on Twitter: @IlyaSpivak
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