U.S. Dollar / Japanese Yen
Updated

USDJPY - This Is One Trade You DO NOT Want To Miss

1051
USDJPY seems to be within a parallel channel and is now approaching channel resistance. We are expecting JPY strength very soon and this could be the thing that pushes USDJPY down as with other JPY pairs.

Will look for break and retest on the smaller timeframe.

Goodluck and trade safe!
Note
snapshot

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.