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USDJPY: Consolidation & The Next Bullish Move ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฏ๐Ÿ‡ต

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OANDA:USDJPY   ๋ฏธ๊ตญ ๋‹ฌ๋Ÿฌ / ์ผ๋ณธ ์—”

USDJPY is currently consolidating within a horizontal range.
Taking into consideration the fact, that the pair is trading in a long-term bullish trend,
probabilities are high that the market will resume the growth soon.

Your confirmation will be a bullish breakout - a daily candle close above 146.6 - the upper boundary of the range.

A bullish continuation will be expected to 148.0 level then.

Alternatively, remember that the price may also drop from the underlined blue resistance and keep consolidating.

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