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DiegoSG

USDJPY going for 108.00

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
DiegoSG  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators LONG buy USDJPY USD Bullish Patterns uptrend Divergence higherlow
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trendanalysis chartpattern indicator long buy usdjpy usd bullish uptrend divergence higherlow
Price is ranging after forming first Higher Low just after it came to Stop Hunt some orders on the Monthly Key Support Level.

We can find a divergence with MACD and the EMA 50 is now forming support.

Price can come back to retest 106.00 (Monthly Supporty) just as DXY
snapshot
is about to do with Montlhy Resistance, and then fly for 108.00.

If it break with a strong daily or 4H candle above 106.770 (38,2) we can go Long very safe.

Patience is the Key!
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