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Long Term Bullish Trend for USDJPY

FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY just broke out of the bearish trend and we are currently experiencing a bullish channel as marked above.

It is possible that the resistance above would be respected and the new bullish channel serving as a confluence may send USDJPY down to retest the bearish resistance trendline just broken.
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