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USDJPY – Mildly bullish bias

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Signal_Centre Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Harmonic Patterns Beyond Technical Analysis USDJPY usdjpylong fx Forex forexsignals
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trendanalysis harmonicpatterns beyondta usdjpy usdjpylong fx forex forexsignals
USDJPY
USDJPY
USDJPY
USDJPY


USDJPY - Intraday - We look to Buy at 108.03 (stop at 107.73)

Broken out of the Head and Shoulders formation to the upside. Selling posted in Asia. Intraday, and we are between bespoke support and resistance 108.03-109.15. The formation has a measured move target of 110.20. Trend line resistance is located at 108.87. Expect trading to remain mixed and volatile. Preferred trade is to buy on dips. Intraday signals are far from strong.

Our profit targets will be 108.85 and 110.20

Resistance: 108.85 / 110.00 / 110.20
Support: 108.03 / 107.65 / 107.50
Order cancelled:
Day trade idea - cancelled. 10 new reports posted
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