Gold-Tech

๐Ÿ’ฑUSDJPY - Bounce from the level before resistance breakout

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FX:USDJPY   ื“ื•ืœืจ ืืžืจื™ืงืื™ / ื™ื™ืŸ ื™ืคื ื™
USDJPY is testing the resistance of the ascending channel and the resistance of the 144.897 range. On the local timeframe, the price is preparing for a breakout and further growth

TA on the high timeframe:
1) A retest after a month, and a quick approach to the level may give a bounce down, for example to 143.7
2) Price has stopped and is forming a decrease in volatility, most likely the consolidation phase begins, another retest of resistance may follow.

TA on the low timeframe:
1) Price is sandwiched between rising resistance and rising support line, but at a less acute angle.
2) Buyers continue to make an onslaught on the resistance
3) The price may break the resistance after the next retest.

Key support๐Ÿ“‰: 144.3, 143.7
Key resistance๐Ÿ“ˆ: 144.69, 144.89

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