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USDJPY: Your Trading Plan For This Week đŸ‡șđŸ‡žđŸ‡ŻđŸ‡”

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USA-dollar/Japansk yen (OANDA:USDJPY)  
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OANDA:USDJPY   USA-dollar/Japansk yen
Rectangle Parallel Channel Candlestick Analysis USDJPY priceaction trading Technical Analysis Forex trader Contains image
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rectangle parallelchannel candlestick usdjpy priceaction trading technicalanalysis forex trader containsimage
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USDJPY broke and closed above a key horizontal daily resistance last week.
After a breakout, the market retested a broken structure and started to consolidate.

I see a horizontal trading range on a 4h time frame.

To buy the market with a confirmation,
I am looking for a bullish breakout - a candle close above the resistance of the range.
It will give me a strong intraday signal.

A bullish continuation will be expected at least to 157.5 level then.

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