USDJPY: Consolidation & The Next Bullish Move 🇺🇸🇯🇵
https://www.tradingview.com/x/Ra1RR1mD/
USDJPY is currently consolidating within a horizontal range.
Taking into consideration the fact, that the pair is trading in a long-term bullish trend,
probabilities are high that the market will resume the growth soon.
Your confirmation will be a bullish breakout - a daily candle close above 146.6 - the upper boundary of the range.
A bullish continuation will be expected to 148.0 level then.
Alternatively, remember that the price may also drop from the underlined blue resistance and keep consolidating.
❤️Please, support my work with like, thank you!❤️
USDJPY is currently consolidating within a horizontal range.
Taking into consideration the fact, that the pair is trading in a long-term bullish trend,
probabilities are high that the market will resume the growth soon.
Your confirmation will be a bullish breakout - a daily candle close above 146.6 - the upper boundary of the range.
A bullish continuation will be expected to 148.0 level then.
Alternatively, remember that the price may also drop from the underlined blue resistance and keep consolidating.
❤️Please, support my work with like, thank you!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.