💱USDJPY - Waiting for a breakout and rise to 148.00
USDJPY after correction and retest of trend support fully redeems the fall and almost closes Monday's gap. A retest and pre-breakdown consolidation of 147.37 level is formed
TA on the high timeframe:
1) The bullish trend continues
2) No decline against 147.800
3) Price forms a retest for a breakout
TA on the low timeframe:
1) A bullish price channel is formed
2) Price recovers and returns to the resistance that has been holding the price for a long time
3) I expect a breakout of 147.375 in the long term.
Key resistance📈: 147.375
Key support📉: 146.5
TA on the high timeframe:
1) The bullish trend continues
2) No decline against 147.800
3) Price forms a retest for a breakout
TA on the low timeframe:
1) A bullish price channel is formed
2) Price recovers and returns to the resistance that has been holding the price for a long time
3) I expect a breakout of 147.375 in the long term.
Key resistance📈: 147.375
Key support📉: 146.5
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