USDJPY is trading in a bullish trend.
After the price set a new higher high, we see quite an extended consolidation
within a horizontal range.
150.9 is the resistance of the range.
If the market breaks and closes above that on a daily,
we can anticipate a trend-following movement.
Next resistance will be 151.6
Alternatively, a bearish breakout of the support of the range
may trigger a bearish continuation.
â€ïžPlease, support my work with like, thank you!â€ïž
â
Join My Telegram Channel: t.me/VasilyTrading
âïžYouTube Channel www.youtube.com/c/VasilyTrader
đ°Instagram: www.instagram.com/VasilyTrader/ đ°
â Facebook: www.facebook.com/VasilyTrading/ â
âïžYouTube Channel www.youtube.com/c/VasilyTrader
đ°Instagram: www.instagram.com/VasilyTrader/ đ°
â Facebook: www.facebook.com/VasilyTrading/ â