USDJPY potential for bullish continuation
Price is trading in an ascending channel and near buy entry level of 114.969 in line with 61.8% Fibonacci retracement and 61.8% Fibonacci projection. Price can potentially go to the take profit level of 115.689 in line with 100% Fibonacci projection and 61.8% Fibonacci retracement. Our bullish bias is supported by the stochastic indicator as it is near the support level.
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