USDJPY: Bulls May Push Higher 🇺🇸🇯🇵
What a Friday on USDJPY.
The price formed a high momentum bullish candle and broke a key horizontal resistance.
The broken structure and a rising trend line now compose the contracting buy zone.
I will expect a bullish continuation next week, and I would recommend you wait for an occasional retest of the underlined area.
Next goal for buyers - 137.4
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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.