Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return:
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User | Time | Action Performed |
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The USDJPY is testing a multi-year trend line from the 2015 high. The level connects with the February 2020 high, which preceded the March decline that sent the USDJPY 1,000 pips lower. As you can see, the market is challenging the resistance level today just above the 109.00 handle. Whether you see today’s retest as a selling opportunity or an upcoming bullish breakout depends on your outlook. I have a relatively neutral stance at the moment. A close above 109.30 could offer an attractive buying opportunity. On the other hand, bearish price action on the weekly chart could send USDJPY lower. However, the daily ... (full story)