Sell opportunity
USDJPY is trading in a descending channel since Mid-December 2016
I’m Expecting the price to move to the bottom of the channel up to the Low created in June 2016
A smaller descending channel (Supported by Dynamic resistance of 50 Day MA) also seen hence price may continue to move down within the smaller channel
I’m Expecting the price to move to the bottom of the channel up to the Low created in June 2016
A smaller descending channel (Supported by Dynamic resistance of 50 Day MA) also seen hence price may continue to move down within the smaller channel
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