RLinda

RLinda ! USDJPY-> Formation of a pre-breakout consolidation

Lång
FX:USDJPY   USA-dollar/Japansk yen
Calculated by ICE index, which shows the dynamics of the U.S. dollar continues to grow. In this background, we see the continuation of the weakening of the Japanese Yen.

On the chart we can see the return of the price to retest resistance 144.78, after shaking resistance, and then the support level on the background of the Federal Reserve rate update.
I assume since a pre-break consolidation in the form of a weakly confirmed ascending triangle is formed near resistance after the rise, we have chances for a breakdown of resistance. The short-term target is the advised level of 147.67, the medium-term target is the liquidity zone of 153.00

Regards R. Linda!

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