USDJPY is currently showing potential for a short-term bullish move. This upward momentum is supported by the formation of a Falling Wedge Pattern, which is typically considered a bullish reversal signal. With this pattern, the pair has a higher probability of moving toward the target price.
Trading Recommendation:
- Buy USDJPY
- Entry: 147.568
- Take Profit: 148.051
- Stoploss: 147.225
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
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