On the D1 USD/JPY chart we can see that price approached the two points which overlap each other: resistance zone (which is the level connecting two previous highs, from which we saw constant rebounds) and the downward trend line (from which price also rebounded few times). It is therefore a key position on the chart – if the price breaks up the resistance, the road to increases will be open. But correction here is possible, so you should look for candlestick signals indicating superiority of bulls or bears.
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