USDJPY Ascending channel

Currently, USDJPY is contained within ascending channel which is expected to hold at this time, we have two targets right now, first the upper bound of the channel and of course, if prices been able to break this channel we would see higher prices as shown on the graph.


To be updated...

Kommentera:

Of course, it was expected that USDJPY should not exceed the lower bound of the channel.

Since it exceeded, now we will target lower prices levels. I will update the idea in few minutes