USD/JPY Price Analysis: The bears are running into major support ahead of key US data USDJPY Technical Analysis
Ther price has been trailing in a bearish cycle as per the dailyzooming in, we can see that there has been a recent correction to the M-formaiton's neckline and a 61.85 ratio reverison. The price has since stalled into a coil, on the backside of the trendline, likely meaning a breakout is imminent with there being an upside bias.
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