U.S. Dollar / Japanese Yen
Long
Updated

USD JPY 1H CHART PATTERN

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This chart shows a potential bullish setup for USD/JPY based on a support-resistance range. Here's a quick breakdown:

Support Zone (bottom pink band): Price has bounced off this zone multiple times, suggesting strong buying interest around 142.200–142.400.

Resistance Zone / Take Profit Area (top pink band): Price has also reversed from the 144.000–144.300 area several times, marking it as a target zone.

Entry Line: Around the 142.650 level, marked as a key level where traders may look for long entries if price respects the support again.

Pattern: The chart is showing a potential "double bottom" or
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