USDJPY: What to Look At This Week 🇺🇸🇯🇵

17 Apr 2023

Since USDJPY reached an important structure low in March,
the market is correcting.
The pair is accumulating around a key horizontal resistance cluster.

Look for a bullish breakout of 134.06.
A daily candle close above that will confirm a violation.

A bullish continuation will be expected at least to 135.0 level then.

I will post an update after a breakout confirmation.

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