USDJPY 4H Range Breakout Failure

Long

U.S. Dollar / Japanese Yen (OANDA:USDJPY)

OANDA:USDJPY U.S. Dollar / Japanese Yen

trendanalysis chartpattern rangetrading 50sma

Bearish breakout of range failed. 100sma is supporting price and making a small range. Entry long would be breakout of small range box. TP 1 is 50 sma and TP2 is the range top zone. Macd is ready to move up.

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