On the USDJPY daily chart, we can see that the pair is bouncing off the strong support 1.3300-1.3330 zone. This bounce could lead to a test of the strong upside resistance 1.3450 level for a possible extension higher into the 1.3500 level. Now only a daily close below the 1.3300 level will invalidate the upside scenario.
Note: look for the long trade entry with the stop loss below 1.3330 level
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