๐Ÿ‡บ๐Ÿ‡ธ USDJPY ๐Ÿ‡ฏ๐Ÿ‡ต - The currency pair continues to grow. Target 1

USDJPY continues to grow. The price is standing still, but it is forming an ascending triangle relative to the maximum. Buyers are interested in further growth, as a consequence, the price reflects their interest.

Reasons for further upside:

1) Bullish trend
2) Fundamentally weak yen continues to weaken against the dollar
3) Price is forming a consolidation in front of 150.85, preparing a breakout
4) Strong buyers in the market, with high holding interest
Ascending TriangleChart PatternsDXYForexTechnical IndicatorsSupport and ResistanceTrend AnalysisUSDJPY

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