We can see price clearly pushing higher , however in short time frame price has broken below ascending trendline and now trying to move above same , if we also draw a trendline of current corrective structure we may have potential rising wedge formation.. our trading strategy on USDJPY for today will be Buying on price closing above current resistance and previous high or to sell if price closes below ascending trendline towards current support..
In daily outlook we are looking only at technical picture of Pair : Please also consider fundamentals while trading...
You can trade this breakout with our Daytrade Ea without waiting .. use BB line ( Buy breakout) at horizontal line & BS Line ( Sell breakout ) at ascending trendline as per chart.