Tuesday Market Analysis: USD/JPY

Hello traders,

Check out this setup:

 

1. USD/JPY

 

The bullish breakout on USD/JPY is something to keep a close eye on this Tuesday

Last week, news events forced price to hit the key support zone, before buyers took over on Friday. If you vividly remember, USD/JPY was one of my bad trades last week.

Currently the key resistance zone is broken, and we may most likely see another bullish run this Tuesday/Wednesday.

 

What say you?

 

NOTE:

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