USDJPY is trading in the Descending Triangle pattern. If it breaks out from the descending triangle pattern, we might see further downside on USDJPY towards support line 1. One can initiate the trade on USDJPY on the breakout of the Descending Triangle pattern only.

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breakoutChart PatternsDescending TriangleHarmonic PatternsTechnical AnalysisTrend AnalysisUSDJPYusdjpyanalysisusdjpytrend

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