FX.co ★ USDJPY M30: Bullish Flag

The Bullish Flag pattern has been formed on USDJPY at M30. The lower boundary of the pattern is located at 153.37/153.01, while the higher boundary lies at 153.85/153.49. The projection of the flagpole is 102 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 153.85 is broken, the price will move further upwards.