VasilyTrader

USDJPY: Technical Outlook & Things to Watch 🇺🇸🇯🇵

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

Hey traders,

Being within a wide 8-years trading range,
this week USDJPY broke its resistance to the upside.

It looks like the next long-term goal for buyers will be 135.0 20-years high.
Next week consider the retest of a broken structure to catch a trend-following move
or patiently wait for a test of the underlined resistance to catch a pullback.

Have a great and wonderful weekend!.

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