USD/JPY Bullish Trend To 120.80

The formation of Bat pattern on daily chart and price trading above support zone ( 115.93 - 117.90 ) suggests continuation of the current up trend, after short bearish pullback to 117.70 is completed, to target level 120.80 ( Fib 61.8 ) The move is also supported by bullish RSI divergence.

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