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USDJPY: Bullish Outlook Explained

Long
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
linofx1  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Support and Resistance Candlestick Analysis Triangle
8
0
supportandresistance candlestick triangle
📈 The USDJPY pair fell to an important horizontal support level. It then rebounded and created an ascending triangle pattern on the 4-hour chart.

The price managed to break above the neckline of the triangle, which could signal a bullish trend continuation towards the targets above.
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