BlueberryMarkets
Long

USDJPY TO CONTINUE LONG?

FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY technically has come back into previous weekly highs and support around 111.75. Combining this with our trend analysis with the market creating higher highs and higher lows we should expect the market to move higher until otherwise told by the market. Fib analysis shows a 38.2 fib sitting at the support zone adding to our idea. Looking for a 4hr change in cycle or double bottom here before going long.

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