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

11 בנוב׳ 2023

https://www.tradingview.com/x/uZe11rLj/

USDJPY is very close to a current daily high.
To catch a pullback from the underlined red area,
monitor a 4H time frame.

I see a nice rising channel there.
Its support breakout (4h candle close below) will give you a strong bearish confirmation.
A bearish movement will be expected to 150.9 level then.

Alternatively, a bullish breakout of the daily resistance will push the prices to 151.9 level.

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