USD/JPY has recently broken through a key resistance level, which has now turned into support. If we break above the trendline resistance, our first target will be the next resistance level. This could be a good opportunity for a long position if the breakout is confirmed.
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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.