USD/JPY has formed a Triangle pattern on the 1H chart. The pattern has 63% quality and 96% magnitude in the 370-bar period. The pattern began on 13th of November when the pair peaked to 82.841; currently it is trading at 82.437. Trading volume seems to be on the same level in the pattern’s range. Technical indicators on aggregate point at appreciation of the pair on 1H and 1D horizons suggesting it will continue moving towards and maybe will attempt to breach pattern’s resistance. Current
