Bullish pennant breakout pushes USD/JPY to an upside. Keep your eyes peeled for clues that the bulls still have muscle in their hustle to boost the dollar to the 108.958– 109.871 previous area of interest.
Not convinced that an upside move is in the works? You can also short USD/JPY at the earliest signs of bearish momentum using our Plan no. 2 if plan no. 1 fails.
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