USDPJY is creating a support line at 99.80 as you can see at the chart above. Taking under consideration that the pair has more than one month and a half to be found at the level of 99.00, we can take long positions near 99.80 putting stop loss 10 pips lower and take profit at 100.15. On the other hand, a bearish breakout of 99.80 support could lead the USDJPY at 99.50.
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