DeGRAM | USDJPY formed an ascending structure

USDJPY is moving in an ascending channel between the trend lines.

The chart has formed an ascending structure on the 1H Timeframe.

After pullback from 62% retracement level, the price reached the lower boundary of the channel and 38.2% retracement level.

We expect the growth to continue after the retest of the lower channel boundary.

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Chart PatternsSupport and ResistanceTrend Analysisusdjpyanalysisusdjpysignal

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