luccardi

USD-JPY Closed Market Technical Analysis

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
USDJPY is at the point of a breakout on a 37 day resistance level.
I am expecting a short pullback to the 109.120 support level.
This could be the start of a retest for a breakout.
If it breaks out, I expect a pullback on one of the Fibonacci retracement levels.
Good luck!
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