USDJPY: Intraday Bullish Confirmation ?! 🇺🇸🇯🇵

Long

U.S. Dollar / Japanese Yen (OANDA:USDJPY)

OANDA:USDJPY U.S. Dollar / Japanese Yen

Parallel Channel Flag Multiple Time Frame Analysis USDJPY Forex forexsignals forextrading Technical Analysis trader Contains image

parallelchannel flagpattern mtfa usdjpy forex forexsignals forextrading technicalanalysis trader containsimage

snapshot

USDJPY broke and closed above a key daily structure resistance.

Analysing an hourly time frame, I spotted a strong bullish confirmation
- breakout of a resistance line of a bullish flag pattern.

We see a positive bullish reaction to that after the release
of the yesterday's fundamentals.

I will expect growth to 157.5

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