USD/JPY has broken a monthly down trend and currently started a new daily one with only 2 touches not making it a valid trend. The bullish side of the market however is looking stronger with price reacting to both weekly and daily support zones. I believe price will retest the new down trend line and then price action will tell if the market is going to be bullish or bearish. This also could be the correction wave and it is going to make a bullish impulsive wave.
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entries would be found on pull backs on short time frames
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How to enter a pull back ^
How to enter a pull back ^
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