USD/JPY (1HR) - Pair is making higher highs and higher lows, indicating we are now in an uptrend. Price failed to break below our key area, and also retraced to the 0.5-0.618 FIB Zone, and is showing bullish pressure. We will take a long position on close of the 15 minute candle.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.