☑️USDJPY: stick to growth
➡️ The currency pair is on the rise and, as I assume financial institutions, the instrument may continue to grow towards 123.
Not so long ago, the price managed to return to the limits of the uptrend channel and then rapidly grow to the resistance line of this channel. At the moment, a false breakdown of this resistance line is being formed. There is a good support area in the 117 - 177.500 area, from which a long move to the 118.050 resistance is expected.
In general, the pair will still be prone to growth, as analysts say, but especially if it is level 123, then the instrument is in dire need of a correction.
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👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
Not so long ago, the price managed to return to the limits of the uptrend channel and then rapidly grow to the resistance line of this channel. At the moment, a false breakdown of this resistance line is being formed. There is a good support area in the 117 - 177.500 area, from which a long move to the 118.050 resistance is expected.
In general, the pair will still be prone to growth, as analysts say, but especially if it is level 123, then the instrument is in dire need of a correction.
➖➖➖➖➖➖➖
👍Thanks for your comments and likes👍
👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
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