美元 / 日圓

Potential upside of USDJPY

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USDJPY
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USDJPY has been consolidating for many weeks without significant direction. There is a long term buy trade opportunity in USDPY. If you are not comfortable holding, short term is fine too. Unless price breaks 107.643, then it could be a fake breakout and bulls idea are invalid. In the 1hr chart there is a cup and handle pattern forming as for now.

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