The USDJPY is trying to make a difference set to press good directional resistance at the 9385-9354 resistance band. If the currency is going to find religion it will in this zone. Jump on any negative REVERSAL signals in this or against this price band expecting a sharp rejection back down to 9238 with the potential of sending the MKT as low as 9091 on the move.
A held trade above 9372 must be confirmed above 9385 to confirm a positive shift. Roll with this signal buying any setbacks down to 9296 with the expectation that this is the beginning of the next leg higher targeting 9548 and 9780 on the move.
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Identifying MARKET STATE, STRUCTURE and STRATEGY solutions
