USDJPY rejected again on major support line

After being rejected for the 3rd time now in the last week, the USDJPY pair should be letting us know if we are going to see either a strong bull trend or continue the bearish tendencies. It hit the support line this morning and since then has gone up almost 300 pips in a few hours. we will more than likely see the market dip a few more times until a huge break through going up if the market does decide to become more bullish.

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