The USD/JPY price created a fresh demand below, This demand also creates a Quasimodo pattern which is a reversal pattern I'll buy at this demand on the first touch of the price and the target will be the supply above which also a great level for sell position. Both options are relevant for day trading.
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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.