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USDJPY Bullish Outlook?
Conan, hello everyone!
After a long period of decline, USDJPY has ended the trading day with a gain, currently trading at 143.85.
It can be seen on almost all timeframes that UJ is making significant gains, indicating a very positive outlook for price growth.
With UJ continuing to trade steadily at this high level, it is likely that the 142.80 price level will be retested in the near future, forming a trend line and using it as a strong support level for further increases. The current expected price level is 144.00 and then 147.00.
After a long period of decline, USDJPY has ended the trading day with a gain, currently trading at 143.85.
It can be seen on almost all timeframes that UJ is making significant gains, indicating a very positive outlook for price growth.
With UJ continuing to trade steadily at this high level, it is likely that the 142.80 price level will be retested in the near future, forming a trend line and using it as a strong support level for further increases. The current expected price level is 144.00 and then 147.00.
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