USDJPY Breakout and Potential Retrace

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USDJPY Breakout and Potential RetraceUnited States Dollar / Japanese YenCMCMARKETS:USDJPYJoeChampionHey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 146.300 zone, USDJPY was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 146.300 support and resistance area. Trade safe, Joe.