USD/JPY Forecast: long as the price remains above the resistance level we are buyers

jy-l3This pair has been trading above the resistance level (127.13-126.81) for quite sometime.Recently the price rebounded from the lower trendline at the corrective wave cycle four,towards the upper side in continuation of the impulsive wave cycle five.As long as the price remains above the resistance level we are buyers,If you are loooking at this pair right now look for buy positions.

Trade Recommendations:

We are buyers.

We are buyers.

Origin: FreshForex

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