USDJPY: Minor correction, then bullish trend continuationOn February 6th, I made a prediction regarding the USDJPY currency pair, indicating the commencement of a bullish trend following the breakout of the bearish channel. The prediction was supported by technical analysis on TradingView (check here: )., and since then, there has been a notable upward price rally of more than 650pips.
While minor corrections to 135.00 region may be expected, the bullish trend is still in effect , and I anticipate that the currency pair will reach the 142.00 price objective this March, followed by a significant downward correction.
For traders who wish to benefit from this bullish trend, it is recommended that they seek high-quality intra-day setups that are consistent with the overall bullish outlook.
