USDJPY Bullish Structure Intact, Retest of Highs Likely
USDJPY found strong support near 158.40 and later near 159.60
Price continues to respect the uptrend for now.
USDJPY is more likely to rise in the short term to once again test the uptrend top near 159.30 and 159.60.
It's possible that USDJPY may rise one more time to test the top of that strong resistance zone for the 4th time.
All time frames are still bullish and clear.
You may find more details in the chart.
Thank you and good luck! 🍀
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
USDJPY found strong support near 158.40 and later near 159.60
Price continues to respect the uptrend for now.
USDJPY is more likely to rise in the short term to once again test the uptrend top near 159.30 and 159.60.
It's possible that USDJPY may rise one more time to test the top of that strong resistance zone for the 4th time.
All time frames are still bullish and clear.
You may find more details in the chart.
Thank you and good luck! 🍀
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
Trade active
USDJPY- target 1 reached:)
Trade closed: target reached
Note
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
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.