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Timonrosso

USD/JPY Falling Flag retest and up it goes

Long
U.S. Dollar / Japanese Yen (CAPITALCOM:USDJPY)  
Timonrosso  
CAPITALCOM:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Fundamental Analysis USDJPY forextrading forextrade jpy
3
0
trendanalysis chartpattern fundamental usdjpy forextrading forextrade jpy
Falling Flag has formed on the USD/JPY.

There has been a retest on the support level.

With the ongoing uptrend and support, this definitely keeps the bias long and bullish.

21>7

Price>200 which confirms the bull market.

Target 1 will be at around 153.69
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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