The USD/JPY just got past its very strong resistance level at 106.098. The MACD indicates a BULL and the contact with the bollinger bands also signifies a BULL
TRADE: Wait for the retracement to retreace back 100% of the extension then SELL
'OR'
The strong resistance converts to a resistance level, an opportunity to SELL too
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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.