Forex_42

USDJPY Long Trade Setup

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Hello Traders,
Here is the daily time frame USDJPY analysis.
At 109.20, there is a demand area. The price has broke this resistance and we will be looking for a retest at 50% fib level to enter a long position.
First target is 110.00 level and the second target is 111.00 level.

Good luck!
Thank you for your support!
Forex42

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