USDJPY: Back to 1990's 🇺🇸🇯🇵

١٢ أبريل

https://www.tradingview.com/x/sWosI6xm/

152.0 key horizontal resistance kept absorbing bullish
pressure for almost 2 years.

This week, with the release of CPI data, that structure was broken
and the market set a new very important higher high.

The next historical structure that we can find is based on the price
action in 1990th.

159.0 - 160.0 resistance cluster is the next, closest key resistance.
A recent bullish breakout opens a potential for a further bullish continuation to that
psychological structure.

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