Hi traders:
Most JPY pairs are showing further strength and we can certainly expect further bearish price action to continue.
Price showed us a recent double tops, "M" style pattern, and an ascending channel correction.
These are very good bearish price action to have on the lower time frame.
We then see a strong bearish move on the LTF, and we start to see a continuation correction.
Look for this correction to complete an sell to the previous lows.
Thank you
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