USDJPY is stuck on a key horizontal daily resistance. The price is currently trading within a narrow range.
Because the current trend is bullish, I am looking for trend-following opportunities. To buy with a confirmation, wait for a bullish breakout of 142.0 - 142.45 area. Daily candle close above will confirm the violation.
A bullish continuation will be expected then at least to 143.5
Alternatively, a bearish breakout of the support of the range may trigger a correctional movement.
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