Hi everyone, this is my idea on USDJPY. USDJPY is currently at a key resistance its either we see a higher high or a rejection from there. The first scenario that can happen is a move downwards to touch the low of ascending channel as a double top might form. The second scenario is where it breaks out of the resistance and touch the top of ascending channel.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.