USDJPY testing the narrow wedge resistance 1998 high
USDJPY is breaking slightly above the 1998 high of 147.60. We can expect the rejection of the narrow wedge upside resistance 149 as this uptrend is maturing enough and is finishing the five waves upside. A confirmed break above 150 is required for an extreme upside continuation.
Note: look for the short trades with a stop loss above 151
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