U.S. Dollar / Japanese Yen

Short

USDJPY entering supply zone

By Catch-trades

Updated

is currently in a bullish channel, however, entering strong supply zone and daily resistance level. The higher highs are getting closer to each other. Wait for a strong rejection from the supply zone or for a breakout from the channel.

Comment

Breakout already happened :) I expect a small pullback and than further down

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