U.S. Dollar / Japanese Yen
Long
Updated

USDJPY - Long continuation

128
The price is close in a ascending chanel. Today tried to create a breakdown without succeeding.
This could give a potential energy to the long pressure (already evidenze are in the COT report)

I aspect a rise of price
Trade closed: target reached
T1 take
Trade closed: target reached
T2 take - probably pull back will be soon
Trade closed: target reached
T3 Take and Trade Close
Probably there is possibility for another wave up after a dip pull back

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.