USDJPY, growth from current levels

daily graph : a sharp rebound up from the lower strip of the Bolinger looks promising for bulls. They have to break through the resistance 131.65 in the middle lane in order to finally establish themselves in the new trend.

N4 : a confident breakdown of the upper envelope of the Bolinger is a clear growth signal. The optimal entry area is the middle line (128.55).

N1 : Inside the day, the descending correction looks fully implemented, so the growth of quotations cannot be excluded directly with current levels.

Conclusions : growth to 131.65.

Trade decisions : purchases to 131.65.

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