USD/JPY Price Analysis: Bears eye a break of 131.20 USDJPY Technical Analysis
A breakout of the coiled market conditions could be on the cards. , the bears moved in to capitalize on failures to crack the trendline resistance.It was stated that USD/JPY´s M-formation was pulling in the price to the neckline support and if the bears stuck around, then while being on the front side of the bear trend, 131.
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