U.S. Dollar / Japanese Yen
Long
Updated

DeGRAM | USDJPY rebound from the retracement level

214
USDJPY is above the descending channel between the trend lines.

The chart has formed a harmonic pattern.

The price has already reached the dynamic support level, which previously acted as a rebound point, and is now above the 62% retracement level.

We expect the price to rebound.

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Trade closed: target reached
Closed +219 PIPS

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