OANDA:USDJPY   U.S. Dollar / Japanese Yen

While we're still in a long-term uptrend and targets as shown in a previous chart have not changed, the 3 day chart is showing a slow down as marked by consecutive white bars forming in a wedge. This signals a pause and this indecision could propel price higher or bring price down for a breather given the divergence in the momentum indicator. Monitoring a lower timeframe chart and/or tightening stops recommended.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.