VasilyTrader

USDJPY: Update and Bullish Outlook

Long
FX:USDJPY   U.S. Dollar / Japanese Yen

good morning, traders!

checking daily timeframe on USDJPY this morning
I believe that the pair has the potential to proceed higher.
In my view, bullish tendency will remain at least until 110.0 level - next level of resistance.

Follow the market within the rising wedge pattern and wait for a breakout,
it will help to identify an early shift in the sentiment of the market participants.

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