Daily Forex Review Reviewing the foreign exchange and currency market

Forex Recommendation: Buy USD/JPY

Buy USD/JPY @ 86.60, SL @ 85.70, TP1 @ 87.20, TP2 @ 87.90, TP3 @ 88.40

According to the daily chart the pair has formed a pattern and is supported at 85.90, therefore we believe it is going to make a retracement upwards.

SL is located below the support level to avoid spikes.

All analysis is based on the daily chart.

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