U.S. Dollar / Japanese Yen - Head & Shoulders Breakout

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Symbol: USD.JPY - U.S. Dollar / Japanese Yen
Timeframe: Weekly, Daily and 4 hour
Predicted Direction: Short

USD.JPY - U.S. Dollar / Japanese Yen updates will be available in the comments section below.

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ملاحظة

Similar to the EUR.JPY a consolidation period is now underway, however, multiple hours of deceleration is required, this indicates price is respecting intraday structure.