USDJPY: 100 EMA holds. Triangle forming. Long 161.890.

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USDJPY: 100 EMA holds. Triangle forming. Long 161.890.USD/JPYOANDA:USDJPYElibri_EugenπŸ“Š Trade Plan: 🟒 Entry: 161.890 πŸ›‘ Stop Loss: below 100 EMA 🎯 Take Profit 1: 162.390 (triangle top) 🎯 Take Profit 2: 162.790 (supply zone) 🎯 Take Profit 3: 163.760 πŸ“ˆ Technical Picture (H4 & Daily): 100 EMA: Price keeps bouncing off the 100 EMA. Can't break below β€” dynamic support holding firm. Triangle: Since late June, price has been compressing into a triangle pattern. Higher lows, capped highs β€” coiling for a breakout. Alternative Scenario: A daily close below the 100 EMA flips the bias β€” downside toward the demand zone. πŸ—žοΈ Fundamental Note: USDJPY pinned near 40-year highs. Japan's Finance Minister and Health Minister hinted at policy shifts β€” tax incentives for retail JGB investment, GPIF portfolio review. Japan holds $3.6T in net foreign assets (83% of GDP). Even a marginal repatriation could strengthen the Yen, but for now, yield differentials keep USDJPY bid. The triangle resolves soon. ❌ Invalidation: A daily close below the 100 EMA voids the long setup and opens the demand zone.