USDJPY : Based on the Ichimocu system we can see that the price seems to be in a bullish mode.
To justify that we examine the components of the system one by one.
The tekan sen and Kijun sen lines are in bullish formation and above the cloud
The chikou span is above the cloud and the price and the cloud are looking bullish for the time being.
To be able to spot any potential signals we need to see the price bounce on the kijn sen line.
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