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andrey_kurniawan

USDJPY Analysis on 1H timeframe (Bear to Bull)

U.S. Dollar / Japanese Yen (FX:USDJPY)  
andrey_kurniawan Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Lines Fibonacci Support and Resistance USDJPY usdjpyanalysis
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trendline fibonacci supportandresistance usdjpy usdjpyanalysis
USDJPY has turned from bearish to bullish in its 1H timeframe.

At the moment, USDJPY is following its parallel channeling. We should take the opportunity to trade within the range.

At the same time, we are seeing bearish divergence in the 1H timeframe.

But we will suggest for traders to open long position align with the parallel channeling trendline or when there is rejection movement in the support area.
Comment:
USDJPY is running within the expected range.


Happy profit
Mekar Trading Forex by Andrey Kurniawan

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