USDJPY Bullish Trend: Key Resistance and Potential Invalidations
Solid ECN – As expected, the USDJPY price rose from the 150.0 mark, maintaining a bullish trend due to this support from the Ichimoku cloud and the bullish channel. For the pair to continue its growth, the bulls must break above the 150.88 resistance.
Conversely, the bull market could be invalidated if the price dips below the cloud, specifically below the 150.0 mark.