Further Advance
Our Pivot: 129.90
Our Preference: Buy USDJPY above 130.60 with strict stop loss of 129.90 and profit target at 131.86 with extension towards 132.37.
Alternate Scenario: Downward penetration of 129.90 will call for 129.10.
NOTE: USDJPY have give bullish breakout of its descending wedge and now going to target resistant trend line of its bearish price channel.
Chart with supports & resistances:
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