USDJPY: Pullback From Support 🇺🇸🇯🇵

https://www.tradingview.com/x/ns595d6O/

USDJPY looks very oversold after a strong bearish rally last week.

The price is currently testing a confluence zone based on a daily
and 4H horizontal supports.

As a confirmation, the pair formed a cup & handle formation on that
and broke its neckline.

I think that the price will reach 159.0 level today.

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