USDJPY Analysis
The previous bearish outlook was invalidated early in the week with a break above 149.4, confirming a bullish trend. The uptrend is expected to continue toward 152.73.
However, on the higher timeframe, an unusual price structure suggests a bearish formation, aligning with my projected setup.
The previous bearish outlook was invalidated early in the week with a break above 149.4, confirming a bullish trend. The uptrend is expected to continue toward 152.73.
However, on the higher timeframe, an unusual price structure suggests a bearish formation, aligning with my projected setup.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.