USDJPY: Bulls May Push Higher 🇺🇸🇯🇵

Long

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

OANDA:USDJPY U.S. Dollar / Japanese Yen

trendline triangle elliottwaves usdjpy usdollar usd dollar forex yen japaneseyen

What a Friday on USDJPY.
The price formed a high momentum bullish candle and broke a key horizontal resistance.

The broken structure and a rising trend line now compose the contracting buy zone.
I will expect a bullish continuation next week, and I would recommend you wait for an occasional retest of the underlined area.

Next goal for buyers - 137.4

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USDJPY: Bulls May Push Higher 🇺🇸🇯🇵

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