chomunoglu69

USDJPY Long Opportunity

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
I can see many confluences adding up with this pair such as a trendline break and a re-test after trend reversal which started on the 25th of March as well as an exponential and simple moving average crossover. I am expecting upward movement, bouncing from the 50% fib retracement level which lines up with the trendline and a previous significant level as seen on the graph.

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