As we could see if retest the green box support area 111-111.3, USDJPY very likely to reverse to its previous high 115.7 and 116.8. Find support at 112.5 level and potentially it could bounce back right after hit that support to test previous high resistance. REMAIN BULLISH ON USDJPY!! Wait to take long position at the support.
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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.