USD/JPY - full analysis
The USD has been strong for a few days now and the JPY has been consistently weak, so we are looking for a buy on USD/JPY, we will only be interested when it breaks its area of resistance and its higher timeframe downtrend. when it does break this area with price action which will be a bullish engulfing candle on the 4h timeframe we will wait for exhaustion and then entry confirmation on the 1h timeframe.
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