USDJPY - Descending Channel
Hello fellow traders, as we can see USDJPY is urgently trading in a descending channel and reached a point of resistance. This resistance is also confirmed by a key FIB level @.786. If this holds we can expect to see price move towards the next support around 128.00.
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For FREE SIGNALS and if you would like to see updates on this idea and many more please follow:
WrightWayInvestments
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✅ Hit the like button, and share for more!
Note
SL on CHART CHANGED TO 132.850
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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.