USD/JPY - What would be the next direction for the pair

We can observe that the USD/JPY pair has been on a bullish trend since January, reaching a retest of a 33-year high at 152.073 this month. There has been a moderate pullback to the supply zone, trendline and the EMA200. The current scenario presents possibilities for both a downside break and an upside push, with the potential to surpass the 152.073 level. The market is currently establishing higher highs, maintaining its overall bullish trajectory.
Fundamental AnalysisHarmonic PatternshigherhighictconceptsTrend AnalysistrendtradingUSDJPY

Declinazione di responsabilità