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USD/JPY FULL ANALYSIS: Upside breakout. What's next?

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
MujkanovicFX  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis USD jpy USDJPY fx Forex signals IDEA buy SELL
6
0
trendanalysis chartpattern beyondta usd jpy usdjpy fx forex signals idea buy sell
Hi traders, the USDJPY pair broke above a major resistance, so we're looking for a pullback to the broken resistance before further strength.

CORRELATIONS: The pair followed the NI225 index nicely, but 2y yields are failing to provide support to the upside, signaling an upcoming reversal.

snapshot

The USDx is falling for the sixth straight day. Another bearish day, and it's the longest bearish streak since 2008.

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