📈 Attempt to return to the bullish trend from correction
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USDJPY may exit the correction phase and continue its upward movement within the trend. The global target has not yet been reached
The dollar is consolidating after breaking the bullish trend structure. The market is trying to keep the price above 99.0. Growth and a retest of 99.5 are possible. This move may support the growth of the currency pair.
The correction may end. The main trend is bullish, and the market continues to follow the trend lines despite the weak dollar.
A breakout of the correction boundary and maintaining the price above 155.4 may trigger a distribution of 157.8.
Resistance levels: 155.4, 157.15
Support levels: 154.45
Local and global trends are bullish. The correction may end as the price continues to storm the resistance of the local bearish pattern. A breakout of 155.4 and consolidation above this zone may support further growth