#USDJPY: Resistance/Support Setup - 7th Oct 2020

USDJPY broke out this morning at 105.81

Now the market is retracing to the breakout zone.

The prior resistance becomes now a support level.

I expect a rebound and probably new highs.

The stop loss should be below the support zone at 105.60
Beyond Technical Analysisftmochallengeresistancebecomesupport

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