You're watching the Primary Daily Trading Signals for Monday. Here's how the technicals compare with the interbank at 8 AM GMT. Things look very bullish…
Recently, the USD/JPY pair has been trading sideways at the price of 113.09. According to the 4H time frame, I found a broken upward channel inside of the trading range. My advice is to watch for potential selling opportunities after the retracement. The first target is set at the price of 111.70 (low of the trading range).
Trading recommendations for today: watch for potential selling opportunities.
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