$USDJPY - Time for correction?

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đź”” USDJPY looks extremely bullish, however a retest of 112.1 - 112.3 levels is most likely as the pair hit an important resistance on a 4H and a daily chart.

đź”” MACD and RSI are showing signs of an upcoming correction ahead, which might generate another uptrend potential of the pair. Probably up to 116. See daily and weekly charts below.

đź”” USDJPY daily chart. the important resistance.
istantanea

đź”” USDJPY weekly chart, possible correction and a jump to 116.
istantanea

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azizelliottChart PatternsChart patternsForexforexanalysisParallel ChannelSupport and ResistanceUSDJPYusdjpyanalysisusdjpychartusdjpyshort

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