The reason i predicted usd/jpy for a buy is actually influenced by the fact that the market is in a uptrend on the daily time frame and is currently giving us higher low points and higher high points along with respecting a ascending support trend line another confluence that i saw on the 1 hour time frame is that the market broke a how point and currently retesting that low point which is also a break out of a descending wedge on the 1 hour time frame ....
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.