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Mrsam36

Usdjpy pattern clear bullish read the caption

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Mrsam36  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Fundamental Analysis Forex forexsignals forextrading forextrader forexpower
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On the 4 hour chart, we can see that the price has been ranging between the 151.00 support and the 151.92 resistance as the risk of an intervention put a lid on further gains. The price recently rallied back into the resistance and it’s now pressing on it threatening a breakout. Even if we get a breakout, it would be better to wait for the US CPI report tomorrow
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