USDJPY: Back to 1990's 🇺🇸🇯🇵

732
https://www.tradingview.com/x/sWosI6xm/

152.0 key horizontal resistance kept absorbing bullish
pressure for almost 2 years.

This week, with the release of CPI data, that structure was broken
and the market set a new very important higher high.

The next historical structure that we can find is based on the price
action in 1990th.

159.0 - 160.0 resistance cluster is the next, closest key resistance.
A recent bullish breakout opens a potential for a further bullish continuation to that
psychological structure.

❤️Please, support my work with like, thank you!❤️

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.