I'm noticing a strong bullish reaction from buyers at a key daily support level on the 📈USDJPY chart.
After testing the highlighted blue zone, the price entered consolidation, forming a small horizontal range on the daily timeframe.
The breakout above the range resistance signals strong buying momentum. We expect further upside, with a target of at least 151.51.
After testing the highlighted blue zone, the price entered consolidation, forming a small horizontal range on the daily timeframe.
The breakout above the range resistance signals strong buying momentum. We expect further upside, with a target of at least 151.51.
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