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Coleman: USDJPY at oversold extremes

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Ian Coleman is trading USDJPY after bearish signals from this week's FOMC meeting. Selling pressure continues, according to Ian, who has spotted an ABCD formation at 121.10.
Ian is selling into rallies and at 123.30.
Stop: 123.60
A move to 122.50 would move stop to entry.
Targets: 121.48 121.28