USDJPY-Weekly Market Analysis-Dec20,Wk1

In the market, one thing for sure when there is a consolidation there will be an expansion. Right now we have a sideway consolidation on USDJPY, I'm waiting for the breakout of the trendline to assume the trade in its direction.
What's amazing that the technical chart shows an alignment of what's happening in the US election. It seems like we will have a conclusion on the US election in the coming week.