Long if price is still above 114.00
USD/JPY bulls take the lead and run towards 115 the figure.
But now USDJPY is hitting resistance and it is possible that there will be a pullback - pull back - down before returning to the upside.
=> Area 114.50 and 114.00 will be support for buyers to consider buying
=> A drop back below 113.5 could increase bearish pressure once again.
But now USDJPY is hitting resistance and it is possible that there will be a pullback - pull back - down before returning to the upside.
=> Area 114.50 and 114.00 will be support for buyers to consider buying
=> A drop back below 113.5 could increase bearish pressure once again.
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