USD/JPY Breakout: Potential Long Opportunity at New Support
In the 1-hour time frame, USD/JPY has broken through resistance and is now forming a new support zone, marked in green. My idea is that if the price pulls back to this new support zone, buyers could step in again, pushing the price higher. This could present a good opportunity to enter a long position as the market may rebound from this level.
WiVERIDERS
WiVERIDERS
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