Usdjpy has broken created a higher higher and this move might be telling us that the next move is to the upside as long as it stay above the previous low
Price broke structure to the upside and retraced to a fresh demand and is currently gaining moment to the upside
PRICE is probably heading back down to retest that structure it just broke then from there it might continue heading up to form a higher high 🕺🏾😌
Price has shifted in structure...it is now forming Higher highs and higher lows, so as long as price as ABOVE the previous higher low then we going up to the high that has Just been formed... probably it would use that demand i highlighted for momentum to the upside because it is still fresh and hasn't been tested before...YOU ARE FREE TO AIR YOUR OPINION GUYS AND...
Price has broken the trendline and retested and respected only for it to form a higher high so with being said if price can retrace to that demand near the higher low then probably it will go up again to form a higher high
There is a change in structure and the formation of higher highs and higher lows
This baby right here is probably heading to that previous weekly high its gonna take a while to get there but we are definitely going up there as you can as the exchange rates keeps on increasing
Price is going back because that higher high since the previous high was broken and it also respected that previous low
Price is currently at a daily demand if it respect that demand then it will definitely head back to the previous higher high🤞🏾
Price broke the previous lower high on the daily timeframe,which indicates a change in trend and its currently respecting the daily demand