USDJPY: Strong Support and Upward Trend

The price reached a strong support level and touched the ascending trendline. With a long-term upward trend, I expect further upward movement. It is worth examining the processes on lower timeframes and looking for entry points.


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Trade attivo:

The price moved as expected, reaching the first target. Now, we are observing whether it can break through the resistance.

Trade chiuso: obiettivo raggiunto