MrVolcano

USDJPY - Breakout of consolidation

Long
MrVolcano Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
4
Following yesterday's nice big Bullish Engulfing signal on the D1 chart, price has broken out of the recent consolidation channel and has retested resistance as support, giving us a better risk/reward entry and with some added confirmation that price is definitely moving upwards.


Daily
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