USDJPY on the H4 timeframe, having successfully penetrated two days ago and moving sideways on levels 38.2 and 50.0 Fibo. if this pair is able to bounce back and then penetrate support 1 towards resistance, then go-long could be an option. However, if a bearish trend occurs, then go-short is an option. Keep watching the market movement and trade with your own risk.
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