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USDJPY remains inside the short-term bullish channel and shows signs of strength, price is breaking out of a bullish flag pattern targeting 112 and higher.
Red lines - bullish flag
USDJPY remains inside the upward sloping channel as can clearly be seen in the chart above. Channel support is at 110 and resistance is at 111.55.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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