USDJPY Trading Plan: Bearish Traingle Breakout

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By Deya Hroob


 USDJPY 4h chart  has broken out the support level. It's a bearish signal.


What we see in the chart is a retest of the broken support, It's a perfect way to catch the second leg down.

 Moreover, the pair is trading below the moving averages which behave as resistance.

 Open short from current level with stop loss above the the resistance line.

First target 108.00

Good luck,

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