USDJPY: Swing Long Explained 🇺🇸🇯🇵

Long

U.S. Dollar / Japanese Yen (OANDA:USDJPY)

OANDA:USDJPY U.S. Dollar / Japanese Yen

Trend Lines Double Top or Bottom Candlestick Analysis USDJPY DJ FXCM Index USD dollar Forex trading forecast swing swingtrading

trendline doubletoporbottom candlestick usdjpy usdollar usd dollar forex trading forecast swing swingtrading

snapshot

USDJPY is trading in a bullish trend.
After the price set a new higher high on a daily, the pair retraced to a rising trend line.

Testing that, the market formed a double bottom formation and broke its neckline then.

Bulls will most likely keep pushing the pair.
Next resistance - 137.39

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