USD/JPY Forecast. Technical Analysis

jpy4 hour

The USD/JPY strong bullish bounce is most likely indicating that one more bullish push is likely towards the 115-resistance level.

1 hour

The USD/JPY broke above the resistance trend line (dotted orange) and then broke above the small bull flag chart pattern (dotted red). Price could continue higher if it breaks the next pattern.

4 hour

1 hour

Origin: Admiral Markets

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