USD/JPY Cracks Trendline from April, but still Consolidating

Trendline: Earlier this week, we saw the USD/JPY test a rising trendline that went back to April. It bounced off the TL and touched the previous resistance pivot around 102.55, but returned back to the week’s lows around 100.65. In doing so, it is cracking the rising trendline from April, showing a…

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USD/JPY Cracks Trendline from April, but still Consolidating