USDJPY-Weekly Market Analysis-Oct21,Wk4

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USDJPY had a bullish run for a while. If you are looking to hop into the bullish trend, a retest of trendline without breaking and closing below gives an opportunity for trend trading/ trend following traders to hop on to the trade.

Conservative traders can wait for the 2nd buy zone at 112.08-110.77 for a buying opportunity.

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