USDJPY : Long Trade , 1h
Hello traders, we want to check the USDJPY chart in the 1-hour time frame. The price has managed to break the downward channel and also the key resistance level between 131.600 and 131.800. If the price has a pullback to this level. It is a good entry point for a buy transaction and we expect the price to grow to the targets of 133,000 and then 133,800. Good luck.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.