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Usdjpylongsetup

USDJPY LONG! Test of 113.4 (after trendline) is possible! Analysis is Complete though this pair isn't ready for this dual-test move-- Target 108.431 successfully completed from previous Idea. A reiteration of all-time-range (110.188- 113.887) could enhance break of trendline for 113.4. Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, and Support channel for future content. Thank you and happy trading.
Long
by legacyliked
USDJPY LONG: Daily Chart Analysis & IdeaWeekly outlook on Currencies has USD (DXY) on weak side, creating overall weak index to this pair. Levels outlined have Long as bias once USD currency picks on bullish sentiment. Prior to engaging Long position, it would be wise to confirm strength of USD against weakening JPY-- and wise too to read price-action on marked Buy-Zones. Counter-trading could work on rejection of Buy-Zone especiually if USD continues weakness and JPY maintains strength. Like this idea? Like, Share, Follow, and Support this channel for yet better content. Thank you. Happy trading.
Long
by legacyliked