USDJPY: Bullish Continuation is Coming?! 🇺🇸🇯🇵

Long

U.S. Dollar / Japanese Yen (OANDA:USDJPY)

OANDA:USDJPY U.S. Dollar / Japanese Yen

Parallel Channel Rectangle Wave Analysis USDJPY DJ FXCM Index USD dollar jpy forecast Forex swingtrading Contains image

parallelchannel rectangle waveanalysis usdjpy usdollar usd dollar jpy forecast forex swingtrading containsimage

snapshot

USDJPY is trading in a long-term bullish trend.
Since the middle of August, the pair was consolidating within a horizontal range, though.

The price suddenly bounced yesterday and closed above the resistance of the range.
That violation will most likely trigger a trend-following movement.

Next resistance -148.5

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