USDJPY weekly chart shows a strong channel forming and price is currently top of the channel. A good opportunity for a sell if a new bear candle forms. If price breaks out of the channel, it would be a good long and it could hit the next resistance level. Please forgive me if theres any wrong in my analysis or any wrong use of words as I just started Forex not long ago. Happy Trading!
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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.