Free Forex Analysis | Price Action

Hello Price Action Traders.

Usd/Jpy

The Usd/Jpy forex pair continues to confirm my “long” vision already discussed here on the blog in other articles. The price showed in various recent occasions some false breakout of  support  between 99.00 and 98.50. These false breaks are often the prelude to a very interesting movement. In this case, I expect a bullish rally where the first technical resistance is at 101.20 area.

 

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