DannyBly
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Looking at the USD/JPY daily chart we can see a nice channel guiding price upwards:
Price currently trading around the pivot, contained within S1 and R1:
Ichimoku chart looks bullish -trading above the Kumo and following the bullish Tenkan/Kijun crossover:
![yenmon16.jpg](/proxy.php?image=http%3A%2F%2Fwww.traderslog.com%2Fstatic%2Fimages%2Fuploads%2Fyenmon16.jpg&hash=138f5f2554853618749b66de20c0ecc9)
Price currently trading around the pivot, contained within S1 and R1:
![yenmon162.jpg](/proxy.php?image=http%3A%2F%2Fwww.traderslog.com%2Fstatic%2Fimages%2Fuploads%2Fyenmon162.jpg&hash=fdb7320e5d35e6b88174d71c14c707fe)
Ichimoku chart looks bullish -trading above the Kumo and following the bullish Tenkan/Kijun crossover:
![yenmon1623.jpg](/proxy.php?image=http%3A%2F%2Fwww.traderslog.com%2Fstatic%2Fimages%2Fuploads%2Fyenmon1623.jpg&hash=e6cb1fb32b4af923d48d5607d8aaa48e)
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