USD/JPY descending resistance line breakout (Nikita FX )
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USD/JPY is still heading for upward due to breakout of descending resistance line. And also annually, Independence Day's seasonal Higher anomaly would work. For a short term, its target will be at 125.06 on July 03.
If it will be able to break through the Black Wolfe resistance line (125.11 on July 03), USD/JPY will breach 125.85. However it will plunge more if not.