USDJPY: Your Trading Plan For This Week ๐บ๐ธ๐ฏ๐ต
https://www.tradingview.com/x/4fFoJfp7/
USDJPY is trading in a bullish trend.
After the price set a new higher high, we see quite an extended consolidation
within a horizontal range.
150.9 is the resistance of the range.
If the market breaks and closes above that on a daily,
we can anticipate a trend-following movement.
Next resistance will be 151.6
Alternatively, a bearish breakout of the support of the range
may trigger a bearish continuation.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
USDJPY is trading in a bullish trend.
After the price set a new higher high, we see quite an extended consolidation
within a horizontal range.
150.9 is the resistance of the range.
If the market breaks and closes above that on a daily,
we can anticipate a trend-following movement.
Next resistance will be 151.6
Alternatively, a bearish breakout of the support of the range
may trigger a bearish continuation.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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