USDJPY broke above the 1day MA50. Bullish signal.

USDJPY broke above the 1day MA50 for the first time since July 17th.

That is a clear bullish signal as the last time it did this after a correction was on January 16th 2024.

We expect at least a test of Resistance A on the short-term.

Buy and target 149.500.

Previous chart:

USDJPY Buy the Resistance break out.


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