USD/JPY shows signs of imminent rally

Updated
The pair stabilized last week and on Friday a modest bounce pushed prices towards the 154 area after hitting a low at around 152.10. It is unclear whether the decline is complete, but it seems that the rally that started last Friday will continue even if only for the very short term.

BUY at 154.004
SL at 152.109
TP at 155.754
Trade active
BUY order triggered.
Note
SL moved to 153.606
Note
SL moved to BE

The pair shows signs of volatility.
Trade closed: stop reached
Stopped at BE
Support and Resistance

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