Is the USDJPY Downtrend coming to an end? Price has run in to strong support and is overbought on the Stoch.
I've gone long seeking a bullish reversal.
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Price is currently in a big squeeze between support at 104.269 and it's 8 & 21 EMAs on the 30m and 60m chart. Hoping this will fire through to the upside when pressure has become too strong.