USDJPY seeing potential for further upside!

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Trading Recommendation

Entry: 107.435

Reason for Entry: 50% fibonacci retracement, horizontal pullback support

Take Profit: 108.107

Reason for Take Profit: horizontal swing high resistance, 50% fibonacci retracement

Stop Loss: 106.987

Reason for Stop loss: 78.6% fibonacci retracement

The material has been provided by InstaForex Company - www.instaforex.com