Bullish bounce off?USD/JPY has bounced off the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could potentially ris from this level to our take profit.
Entry: 149.82
Why we like it:
There is a pullback support that lines up with the 50% Fibonacci retracement.
Stop loss: 148.53
Why we like it:
There is a pullback support level.
Take profit: 152.32
Why we like it:
There is a pullback resistance that aligns with the 78.6% Fibonacci retracement.
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