USD/JPY – Breakout of Resistance Trendline

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We have just broken out of the resistance trendline on USD/JPY. If you're currently short, I recommend reducing your position as the price approaches the green zone.

For those without a position, it might be wise to wait for the price to reach this green zone before considering a long entry. However, always wait for confirmation before entering long positions to ensure a higher probability of success.

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