Plamen

Breakout Bounce off the .618 Waiting for Retest

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Strong bullish candle breakout. It hit the .618 twice so I believe it will go down and retest so you can sell and make a few quick pips. Then if it closes above the purple trend line it will be a successful retest and should go up to the 104 area.
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