USDJPY getting ready to break

Updated

is getting ready to break. We can expect both ways but because the trendline was broken we can expect move to the upside.
USDJPY was downtrending for more than a half year without any bigger moves upside so we can expect a break.
Good luck with trading.

Trade active

We reached the upper resistance line but I'm waiting for candle to close over the line. No buy before close.

Note

We have strongly broken upper resistance line and this pair looks very bullish. Before buy i would recommend to wait because I think there will be some retest of support line and then there will be a great chance to buy.

Note

Okay now we have retested support line so start looking for nice buy signals

PatrikK.

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