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USDJPY Signal - 31st January 2023

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Signal Details
Entry Price: 
130.600
Take Profit: 
131.920
Stop Loss: 
129.290
Direction: 
Buy
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USDJPY is approaching a strong daily level in the region of 130.900 after a 2 week rally. With the Japanese Consumer Confidence to be released shortly we anticipate a breaking of this level and further movement to the upside.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.