Forex USD / JPY | Technical analysis | Our expectations:
Short-term upward movement and correction, with the two even ticks below of the last two candles gives a good chance that the movement will continue north.
SL 108.81
Two false breakouts under the SMA50 reinforce the probability of long.
CCI (50) is held above 0 - the last trend remains upward.
The CCI (14) has passed slightly below -100 and can wait for more than 100 to confirm long-a.
Alternative Scenario: Breaking the price below the two equal ticks will break the positive scenario.
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