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U.S. Dollar / Japanese Yen
Long

USDJPY: Bullish Outlook & Potential Targets 🇺🇸🇯🇵

By VasilyTrader
Updated
snapshot

Hey traders,

USDJPY keeps trading in a minor bullish trend from the end of April.
The pair is steadily growing within a rising wedge pattern.

Now the price is approaching its support.
I believe that probabilities are high that the pair will set a higher low again and will go higher.

Goals:
110.3
110.7

In case of a bearish breakout of support of the wedge, I will look for shorting opportunities.
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Check my new idea on EURCHF:
EURCHF: Demand Zone & Pullback 🇪🇺🇨🇭
Chart PatternsForexfxtradingTrend AnalysisUSDJPYDJ FXCM IndexWedge
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