{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/usdjpy-winding-up\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/usdjpy-winding-up\/","headline":"USDJPY Winding Up","name":"USDJPY Winding Up","description":"The USDJPY has made a strong move higher over the previous few weeks. At the time of writing this post price has stalled from this huge move higher and is beginning to wind up. This winding up is a form of\u00a0consolidation\u00a0and is very common after a market makes a large move. On the weekly chart […]","datePublished":"2012-12-11","dateModified":"2019-08-04","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/12\/ussss.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/12\/ussss.png","height":"382","width":"626"},"url":"https:\/\/forexschoolonline.com\/usdjpy-winding-up\/","about":["Price Action Charts in Focus"],"wordCount":105,"articleBody":"The USDJPY has made a strong move higher over the previous few weeks. At the time of writing this post price has stalled from this huge move higher and is beginning to wind up. This winding up is a form of\u00a0consolidation\u00a0and is very common after a market makes a large move.On the weekly chart we can see this large move followed by 2 small\u00a0indecision\u00a0candles.If price can break higher with the recent up-trend we could see price move aggressively to the next major resistance around 84.00. Near term support on the weekly chart comes in around 80.510. USDJPY WEEKLY CHART – 11 DEC 2012 "}