USDJPY triangle break

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It is tough times for this pair, since there is a big range and impulses in both direction. Price is still in triangle, in all time frames.
But we see on this chart 50 % fib rejection. If the price manage to break 144 EMA, it will most likely break the triangle to the upside. There are news soon, which will determine the direction, but everything so far is signaling a bullish break.

Mislav Nikolic
Bull Capital

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