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USD/JPY Long

Oleh WallStreetBaby
USDJPYPrice is around key support level which was hit around early January this year. As you can see, there was major gains following the most recent support level, and we should expect to see the same again. Expecting a bounce off the support level and taking first profit on the point it hits the down trendline. Although there's been major losses across different US markets, the fundamentals are very strong thus making it a nice long term trade.

Entry: 108.270
TP: 109.600
SL: 107.570
Chart PatternsdollarForexTrend AnalysisUSDJPY
WallStreetBaby
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