U.S. Dollar / Japanese Yen
Long
Updated

USDJPY can make new highs? 🦐

864
After our previous ideas on this pair we continue to ride the bullish bias on USDJPY.
The price delivered an almost 4% since our analysis and after a confirmation of the ascending triangle the market is now testing a daily resistance.

A classic 50% test retracement and and a break above the structure will further confirm the bias and we will be ready to set a new long order according to the Plancton's strategy rules.
Note
snapshot breaking now above
Note
snapshot waiting for a break above
Note
snapshot new recent high as expected

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