VasilyTrader

USDJPY: Your Trading Plan For This Week 🇺🇸🇯🇵

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen

USDJPY broke and closed above a key horizontal daily resistance last week.
After a breakout, the market retested a broken structure and started to consolidate.

I see a horizontal trading range on a 4h time frame.

To buy the market with a confirmation,
I am looking for a bullish breakout - a candle close above the resistance of the range.
It will give me a strong intraday signal.

A bullish continuation will be expected at least to 157.5 level then.

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