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Filipo1

Rebound in sight on USDJPY?

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Filipo1  
FX:USDJPY   U.S. Dollar / Japanese Yen
5
1
Divergences on RSI + MACD combined with the long shadow candlestick (right on the SMA55) indicating market's hesitation to keep going lower on the monthly chart lead me to anticipate a rebound on the lower uptrend channel line.
If confirmed I will go long with stop-loss below 100.

snapshot

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