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USDJPY: Important Breakout đŸ‡șđŸ‡žđŸ‡ŻđŸ‡”

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USA-dollar/Japansk yen (OANDA:USDJPY)  
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OANDA:USDJPY   USA-dollar/Japansk yen
Trend Lines Double Top or Bottom Parallel Channel USDJPY DJ FXCM Index USD dollar yen japaneseyen Forex forecast
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trendline doubletoporbottom parallelchannel usdjpy usdollar usd dollar yen japaneseyen forex forecast
snapshot

I spotted a great example of a bullish reversal on USDJPY.
The pair formed a double bottom formation on a daily time frame
and broke a resistance line of a falling parallel channel.

The underlined blue area is a buy zone based on a broken neckline and a trend line.

The pair will most likely keep growing to 134.4 / 137.63 levels.

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