On August 31, I drew our attention to the Inside Bar Price Action Setup that had occurred on the daily chart of the USDJPY after price seemed to hit a bottom following the Closing Price reversal trade Setup. In my follow up analysis on September 3, I indicated that the trade room had gone long and was expecting price to reach the 100 Psychological resistance. It has now broken that resistance and the Trade Rooms TP. price could now aim to reach the 101 Psychological resistance zone. The trend remains bullish yet.
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