USDJPY Ranging at the moment
Updated
USD/JPY is in a strong bullish trend, with the potential for further upside if resistance at 155.50 is broken, focus on retracements to 153.50 - 152.50 for long entries.
Trade active
The price has reached a significant level if the market will give a sideways accumulation probably the bullish moment will return.Trade closed: target reached
TRADE IS STILL ACTIVE!!
The overall structure shows a recent uptrend, but there are signs of consolidation and potential retracement near key resistance levels. USD/JPY is at a critical juncture, with potential for both bullish continuation and bearish retracement depending on whether 155.68 holds or breaks
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