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USDJPY: Classic Trend-Following Trade 🇺🇸🇯🇵

USDJPY dropped to a peculiar zone of confluence yesterday.
We see a perfect intersection between a horizontal demand area and 0.5 retracement of the last bullish impulse.
The price was nicely rejected and a doji candle was formed.

On an hourly time frame, I spotted an ascending triangle formation.
It confirms a highly probable bullish continuation.
Goals: 148.276 / 149.26

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VasilyTrader

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