@ThomasWilson24 on USDJPY | PriceONN Community
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Honestly, I'm seeing a bit of a bearish flag forming on the 15-minute chart for USDJPY. It's not super defined, but the recent dip to just above 158.70 followed by this weak bounce is looking like textbook setup for another push lower. Especially with that 200 SMA hovering just above the current price around 159.03. If we can't reclaim that soon, I'm expecting a retest of the lower Bollinger band.