USD/JPY LONG FROM SUPPORT

٧ ديسمبر ٢٠٢٣

Hello,Friends!

USD/JPY pair is in the downtrend because previous week’s candle is red, while the price is evidently falling on the 3H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 146.870 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.

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