R-L-A

Bullish Ascending Triangle on 4hr chart

Long
PEPPERSTONE:USDJPY   U.S. Dollar / Japanese Yen
USDJPY can break up and can continue its trend toward 150 from where then we may see some intervention from BOJ but for now it is Higley likely to break up. However, it should be kept in mind that it can also break down but breaking down has low probability therefore it is better to wait for break up and retest of its resistance before entering a trade.
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