USDJPY Buy the Resistance break out. Short
U.S. DOLLAR / JAPANESE YENICE
Description
⋅ USDJPY has reached but yet failed to cross over Resistance A (151.950) since last Wednesday.
The prevailing pattern is a Channel Up so wait until a 1day candle closes over Resistance A and buy the break out.
Target 155.500, which would be a symmetric bullish wave as the first one of this Channel Up.
Previous chart:
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