Updated

Lingrid | USDJPY Breakout Could Trigger Strong Bullish Rally

is approaching a retest of the 144.20–144.30 support band after rebounding from a wedge breakdown and reclaiming structure within a broader ascending formation. Price remains under the downward trendline, but a successful bounce here could fuel another push toward 146. A higher low above 144.20 would confirm bullish intent.

📈 Key Levels

Buy zone: 144.20–144.40
Sell trigger: breakdown below 144.00
Target: 146.00
Buy trigger: breakout and hold above 145.00

💡 Risks

Rejection at the downward trendline limits upside potential
Failure to hold the 144.20 base could reverse the bullish structure
JPY strength from macro news could suppress breakout attempts

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Trade active

so the price follows the forecast and now having overcome the line we see a small rollback. I think it is gaining strength before the next growth. The final target is still 146.00 🚀😎

Trade closed: target reached

So a good trade 😍 +182 pips

Lingrid

💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi

🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid

🌎WebSite: lingrid.org

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Lingrid

💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi

🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid

🌎WebSite: lingrid.org

Also on: