Currently, I am observing a potential bullish uptrend in the USD/JPY market, indicating that the price of the pair is likely to continue to rise under 61% my Fib level or to breakout for continuous short breakdown to 39mins chart during opening of London session.
NOTE: It's important to keep in mind that relying on a single indicator cannot guarantee profitable trades as the market is constantly changing and unpredictable and consider other important factors such as fundamental analysis, market sentiment, and risk management when making trading decisions.
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