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  • Vasily Trader

USDJPY: Pullback From Key Level (forecast)



hey traders,


I guess you noticed this major strong daily support level on 🟢USDJPY.

the price has reached that yesterday and on 4H it went immediately rejected.


on hourly, after a steady bearish continuation, the price has set a higher low

and broke above the resistance line of a falling channel .


now the area between the last lower high and broken resistance serves as the local demand zone .


I will buy usdjpy from there.


goals:

104.6

104.8

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