RaynLim

USDJPY-Weekly Market Analysis-Jul20,Wk2

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FX:USDJPY   美元/日元
A bearish bat pattern on the 1-hourly chart, although it is higher than the daily resistance level I'm spotting at 107.87, it is still a great setup and this is why.
On the 1-hourly chart, the market can touch Point D, shows a bearish engulfing candle and close below 107.87 before the daily candle close.

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