USDJPY 27.10_chartUSD/JPY (H1) is still in an upward trend, which defeated key resistance. After strong increase impulse, price started to move in a correction which draws itself into a flag formation. Such formation is typically a corrective one, which may forecasts further trend-following moves.

It is worth to observe H1 TF and wait for breaking the flag. It may take place e.g. near the trend line (marked in red).

USDJPY 27.10_screen

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