marco_politi
Long

USDJPY moving averages in perfect uptrend sequence 1h chart

FX:USDJPY   U.S. Dollar / Japanese Yen
In the coming days there may be a bullish breakout of the long line of support at the price level of 110.50.
If this hypothesis were to occur then a long position for another 100 pips (111.50) would be rewarded.
The bullish sentiment seems to be confirmed by the positions of moving averages.
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