Since breaking out from the triangle wedge form at a weekly support, traders have chosen the direction for USDJPY. I would only be interested in positioning buy trades at the zones I've mapped out above. Trade with smaller lots as trades go higher to reach 112.200, as it goes to challenge the daily supply area.
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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.