Key area for USD/JPY
Updated
The USD is continuing with its strong bullish momentum, its currently pulling back and there is a potential entry at the bounce of the trendline.
If it does break the TL and makes a flag, then it may look more bearish
If it does break the TL and makes a flag, then it may look more bearish
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Daily, much potential for an upsideNote
Its really having a hard time around the 886 area. If it can break the high we may see stronger bullish momentum
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Expect the consolidation to go on for a whileTrade closed: stop reached
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Retraced at the 618, if it breaks the previous high we can look for bullish momentumNote
potential for one more downNote
Had some pips when i went short on this, bigger picture is still bullish i believe. Lets see how price will react around the 116.30 area
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