USDJPY: Technical Outlook & Things to Watch 🇺🇸🇯🇵
📊The USDJPY is currently in a period of consolidation, with a symmetrical triangle pattern visible on the 4-hour timeframe.
Given the overall bullish trend in the market, it may be wise to wait for a bullish breakout before entering a trade to follow the trend.
Alternatively, if the support level is broken, it could signal a bearish continuation in the market.
Given the overall bullish trend in the market, it may be wise to wait for a bullish breakout before entering a trade to follow the trend.
Alternatively, if the support level is broken, it could signal a bearish continuation in the market.
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