USDJPY Ascending Triangle Breakout: Is the Next Leg Starting?USD/JPYOANDA:USDJPYFiona_ForexIf we step back and look at the broader USDJPY structure, the pattern becomes much clearer. Price tested the same resistance several times, while each pullback formed a higher low. Buyers were not strong enough to break through immediately, but they continued stepping in earlier on every dip. That gradual pressure created a well-defined ascending triangle. Now the key resistance has finally given way. The breakout above the upper boundary completes the pattern and suggests that the previous consolidation was accumulation rather than weakness. From here, the most attractive scenario would be a controlled retest of the broken resistance, followed by renewed bullish continuation. Using the height of the triangle as a projection, USDJPY still has room to extend higher. However, the breakout must hold. A decisive return below the former resistance would weaken the setup and increase the risk of another period of sideways movement or a deeper correction. This is my personal market view, not financial advice. Always wait for confirmation and manage your risk carefully.