https://www.tradingview.com/x/YfjIs5pF/

USDJPY set a new higher high higher close on a daily this week,
violating a significant horizontal resistance based on the year's high.

Now, the broken structure and a rising trend line compose the
contracting demand zone.

I think that the market will go higher and reach 162.0 level soon.

For entries, consider the underlined demand cluster.

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ForexforexsignalsSupply and DemandswingtradingTechnical AnalysistradingTrend LinesTriangleUSDJPY

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