DLavrov
Long

USDJPY Bullish Divergence

FX:USDJPY   U.S. Dollar / Japanese Yen
393 0 24
Based on daily chart we have a price reversal from a support level . We can think about opening long trades on hourly charts. Bullish divergence is a good opportunity for entry. ADX falls and give a signal that down movement probably is over. Entry level is 101.57 and a stop order below 100.60. Profit target can be Moving Average with period 100.
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