Rationale: The USD/JPY pair is exhibiting signs of a bullish trend, with recent price action indicating a potential upward movement.
Entry: The entry point for this buy position is set at 145.100, reflecting a strategic point where upward momentum is likely to accelerate.
Targets: Our primary target stands at 145.215, representing a significant resistance level where we anticipate a notable price reaction. The secondary target is positioned at 149.350, indicating a deeper retracement and further potential profit-taking opportunity.
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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.