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USD/JPY has decreased as little in the short-term failing to reach the black downtrend again. Still, another upside momentum followed by a breakout above the downtrend line and of the 106 psychological level could bring a great buying opportunity.
Jumping and stabilizing above 106 makes USD/JPY very attractive for buyers. The pair could drop deeper again if it fails to reach the downtrend line.
Buy an increase, jump beyond 106.00 psychological level, and above the downtrend line. The 108.00 could be used as an upside target.
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