Given the backdrop of strong bullish rally for USDJPY, it is highly unlikely that a bearish reversal is in sight.
Price is contesting recent bullish breakout levels, with seemingly rising wedge pattern to signal potential bearish move.
For a conservation entry, look at near 133.60 for potential re-entry for next new high near 138 - 140.
Price is contesting recent bullish breakout levels, with seemingly rising wedge pattern to signal potential bearish move.
For a conservation entry, look at near 133.60 for potential re-entry for next new high near 138 - 140.
Trade closed: target reached