JohnFortune

UsdJpy - Hold Of Support Hints Further Advances

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Last week price traded into and rejected from ur target and key resistance at 114.487, trading back down to key support at 113.186 where we finished the week. As we sit above support going into next week, this provides a great place to look for Bullish formation and patterns for longs back to the range top at 114.487 with a break of this area clearing the way for the 115.485 target.
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