was formed on 22.07 at 09:06:42 (UTC+0)
signal strength 3 of 5
According to the chart of M30, USDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 106.90 - 0.00 and support 106.69 – 106.69. In case the resistance level 106.69 - 106.69 is broken, the instrument is likely to follow the bearish trend.
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