USDJPY - Short

USD has been losing its steam against JPY. Price broke below its upward trendline and followed a strong break-out where price continued its downward momentum till 140.00, which is currently consolidating. A further continuation lower is anticipated with the next probable target at 137.30 where a continuation lower set the 130.00 psychological level under the spotlight.
Chart PatternsTrend AnalysisWave Analysis

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