tonytokyolondon

USDJPY: Attempt at breaking through resistance

FX:USDJPY   U.S. Dollar / Japanese Yen
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I think price will find some strong support from the previous trend line down (pink). If it makes contact with it again, then we may see an attempt at bullishly breaking through the downward channel line in red (dashed). If that happens, i'll be looking at a long position on the pullback to resistance/support.

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