RalphBenjaminTrading

USDJPY: Interesting 148,00 liquidity zone

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
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Overall, USDJPY fell as I predicted:

I believe there is a possibility for a corrective move towards the support area around 146.35, followed by a potential increase towards 148.00 with the intention of reaching the 34.89 EMA. If the price breaks below this level, it could lead to a notable decline, so it is advisable to set a stop loss.


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