UJ is showing very strong bottoming above 107. We didn’t break 106.80 for over a month! So this might be a good time to go long. On the upside, we have a first strong barrier of 108, so the first spot to close longs could be 107.90-108.10, but if we break and stay above, the pair can easily continue towards 110 and higher. SL area is very clear to see and no brainer, at 106.80. If not breached, it is a clear signal for bulls!
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