Price Action Forex Analysis | Usd /Jpy

Hello Price Action Traders.

Usd/Jpy

The usd/jpy pair has opened, as all usd pairs, with a strong gap. In this case the market has made a false break of supportive area at 98.50 and firmly close the day at 99.00. I could use this market trading price action naked signal to enter long on break out of today’s high and look for the next important resistance at  101.00/100.50.

 

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