Bullish pattern for USDJPY
as can be seen, the price is facing marked resistance of 156.380 tried a couple of times to break it but couldn't apart from that there is a bullish divergence and major bullish confluence of "cup & handle" pattern and on higher TFs overall trend is bullish which indicate that this resistance is not as strong. Buy stop order has been shown along with the projection of cup & handle pattern
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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.