USDJPY broke and closed above a key horizontal daily resistance last week. After a breakout, the market retested a broken structure and started to consolidate.
I see a horizontal trading range on a 4h time frame.
To buy the market with a confirmation, I am looking for a bullish breakout - a candle close above the resistance of the range. It will give me a strong intraday signal.
A bullish continuation will be expected at least to 157.5 level then.
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