USDJPY: Your Trading Plan For Next Week 🇺🇸🇯🇵

15 באפר׳ 2023

I see important bullish accumulation signs on USDJPY.
The price keeps setting multiple higher lows, perfectly respecting a solid horizontal resistance
and setting equal highs on that.

I will expect a breakout attempt of the underlined structure next week.
If the price breaks and closes above 134.06 level, it will confirm a violation.
A bullish continuation will be expected then at least to 135 level.

I will post an update once the breakout is confirmed.

Good luck next week.

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