USDJPY pulled back from upper triangle resistance and is trading near the lower side of the contracting range after a spike to 158.30, suggesting the triangle may be nearing completion. A breakout above the descending channel and 159.16 would raise the odds of another leg higher toward ~159.60, where a clear break could open the way into wave five. Conversely, a break below the lower trendline near 158 would expose deeper support around 157.
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