Hello Price Action Traders.
The pair Usd/Jpy in yesterday session has tested the key support at 96.00 area to close the daily chart at 97.50 doing a false breakout of supportive areas. Today the price breaks to the upside and is more bullish than bearish. The next key resistance area is just below 100.00. There are no forex trading signals of my method so i prefer to remain flat on this market and more generally on other currency pairs of my watch list, since nothing today provides some serious signals to place pending orders in the trading platform.
It’s all for today!
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