########################## USD/JPY - Dollar Yen Short term (Intraday)
104,83. USD JPY is in an uptrend supported by 1H exponential moving averages. The price is just above 104,70 support. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The uptrend should continue to gather momentum. The price should find a resistance below 105,50. We could take a long position at 104,80. We will put the stop loss below 104,60 (-20 pips). The major target is 105,50 (+70 pips). This is a dangerous trade, take care and put your stop loss. Resistances : 105,10 - 105,60 - 106,20 Supports : 104,70 - 104,50 - 103,90 Chart :
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