USDJPY: Bullish Outlook Explained 🇺🇸🇯🇵

Panjang

Dolar A.S. / Yen Jepun (OANDA:USDJPY)

OANDA:USDJPY Dolar A.S. / Yen Jepun

Flag Double Top or Bottom Multiple Time Frame Analysis USDJPY USD dollar yen japaneseyen forecast priceaction priceactionanalysis Contains image

flagpattern doubletoporbottom mtfa usdjpy usd dollar yen japaneseyen forecast priceaction priceactionanalysis containsimage

snapshot

USDJPY is trading in a bullish trend.
The price is currently retesting a recently broken horizontal key level.

Approaching that, the market formed a double bottom pattern,
violated a resistance line of a falling channel then.

I expect a bullish movement to 145.64 / 146.0

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