USDJPY has bounced from its lower support level to form a new channel.
Note
The price has respected the 70%- 80% Fib zone with the confluence of a daily order block. It is moving towards the 146.131 support level.
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Disclaimer
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.