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Earlier expectations for the Japanese currency proved to be wrong due to the weakening dollar. I assumed a weakening against other currencies, but here I expected a reaction. It was clear that investors were trying to break out on the supports and on the border with the triangle, but all attempts were too weak.
At the moment, we can see the continuation of the wedge formed and the weakening US Dollar against the Japanese Yen. We can expect to reach the next lower border of the formation, and depending on when it will come to price 102,100 next week.
