hey traders,
I guess you noticed this major strong daily support level on USDJPY.
the price has reached that yesterday and on 4H it went immediately rejected.
on hourly, after a steady bearish continuation, the price has set a higher low
and broke above the resistance line of a falling channel.
now the area between the last lower high and broken resistance serves as the local demand zone.
I will buy usdjpy from there.
goals:
104.6
104.8
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