. There is a possibility of temporary retracement to suggested support line (102.75). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. USDJPY is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The is at 50.
TP1= @ 103.45
TP2= @ 103.60
TP3= @ 103.90
SL= Break below S2
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