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Uj

USDJPY LONG USDJPY has being bearish for weeks , now price tested a key level at marked zone and rejected it & has closed back above another important zone.We can also see the large engulfing candle showing lots of bullish momentum on the Dollar. If not yet in the trade , wait for minor retracement , to the marked zone then jump in .If it doesnt retrace and continues bullish can look for another setup.Trade will only become invalid if price breaks back below the 104.36. In Conclusion Usdjpy is bullish for longterm investements .
Long
by Arne808
USDJPY corrective structure break (short opportunity)(1H): The price here turned out to be trading in a corrective structure to the upside, which was eventually broken to the downside, following the overall trend direction. This is a nice potential opportunity for us as we are now waiting for the retest of its previous swing low. If we get a nice bearish rejection from there, i will be entering a sell position. This would be aligned with the gold bullish bias and the overall USD devaluation
Short
by Wikiwicks
USDJPY - WEEKLY OUTLOOKOur educational entry for the week! LEAVE A COMMENT ON YOUR ENTRY AND GAIN. ill be seeing who takes the best entry and % off this! UJ has been trading tight recently, forming a strange ascending triangular formation with the Eliot Wave impulse's marked up. We believe the bottom trendline and magic 3rd touch will mark the end of the 4th wave and ready itself for the next push up to form the 5th. Break of previous highs confirm bullish bias. Break of channel and fib level confirms bearish.
by RealistFX
Hold on the Buys in UJWe might be led to think that since price has been in a continued downtrend since March around where the recovery from the covid crash happened. In the beginning the recovery gave the look that we might be headed for higher highs on the long term but given the depth of this market correction I would not be surprise would this result to be only a building block on a huge trend lower that lies ahead. I will wait for price to come back to my trend line and look to sell afterwards.
Short
by HydraFinance