The USDJPY trades at 106.68 and retains transferring in a powerful development and upward channel. USD/JPY is transferring above the higher boundary of Ichimoku Kinko Hyo Cloud. It signifies that there's a bullish development.
If the level 108.15 is broken-out, follow the recommendations below.
Time frame: D1
Recommendation: long position
Entry point: 108.15
Take Profit 1: 109.65
Take Profit 2: 111.20
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