#USD/JPY#This is a trend-following trade based on the daily vertical support line. Historically, whenever the market price touched this trend line, it rebounded for a buy. The price has touched this trend line three times since September 11, and I am now anticipating a long trade. Analyzing the 1-hour chart, a double bottom pattern is visible. Additionally, there is a trend line resistance on the 1-hour chart, which has been broken above, and we are waiting for a retest.
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