With a good momentum, the price of USDJPY Spot Forex pair is moving up and currency traders may attempt to look for a buy trading chance to join the up trend. Price action is stepping high and we expect market to keep rising up towards 108.70 price target area.
Multiple bullish legs pattern could be seen in USDJPY price action. Key support level is present at 108.36 price level, based on most recent swing low in 15 minutes time frame of USDJPY. However, a clear bearish break down in price action below 108.36 vital support area will end the up trend. In such type of Forex trading market situation, avoid buying and selling USDJPY and just keep re-analyzing the price movement.



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