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NolanDuval

Thoughts on USDJPY after trend line break. Potential buying area

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
NolanDuval  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis USDJPY LONG
2
0
trendanalysis chartpattern beyondta usdjpy long
Trend line broken (01-08-2018 : 03-09-2018). Waiting for a pull back to previous support level @ 106.372 (pink line) to go for a buy then. Even better if it touches and bounces off our secondary monthly trend line (22-02-2018) and then goes to our support level. If all goes as planned, we could see a rise up to 107.905 (previous resistance) at least till the month end.
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