USDJPY/ Correction, then Ascending

Generally, the direction is uptrend

Uptrend Side: The price appears to be approaching its final corrective phase. To generate sufficient upward momentum to break through the upper boundary of the channel, any breakout is likely to support further price increases, potentially reaching 159.24 and, subsequently, 169.69.

Downtrend Side: To confirm the establishment of a bearish trend, a significant correction toward 156.00 must be followed by a decisive break below this level.

Tendency Keys: 157.63
Chart PatternsHarmonic PatternsTrend Analysis

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