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USDJPY 4h Analysis April 23rd, 2021

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Overall we are in a bearish trend. But currently the market is showing us a rejection on a support level but its highs is downtrending. So if it remains to hold that support level and break the downtrend and retested it we can enter for a quick long trade right there. Or if it breaks below we will then wait for a retest to go short.

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