DeGRAM | USDJPY formed an ascending structure

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USDJPY is moving in an ascending channel between the trend lines.

The chart has formed an ascending structure on the 1H Timeframe.

After pullback from 62% retracement level, the price reached the lower boundary of the channel and 38.2% retracement level.

We expect the growth to continue after the retest of the lower channel boundary.

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