USDJPY LONG (BUY)

As USDJPY bounces off the channel support, our trade bias is towards the channel resistance. If you have not already entered this trade, wait for the break and retest of the previous high to look for entries as indicated in the analysis. Further confirmation of this is bullish move is the gap above that needs to be filled on the lower timeframes. Should you take this trade, Follow your rules to verify the trade and all the best..
Chart PatternsTrend AnalysisWave Analysis

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