ChauhanCapital

USDJPY: Watch Price Action Closely...

FX:USDJPY   美元/日元
Hello everyone, this is my analysis for USDJPY;

- Price has been steadily climbing in a channel while recently moving sideways.

- A break above the upper trend-line and resistance would indicate a possible movement towards the upper channel trend-line (highlighted as green). A break below the lower trend-line would indicate a movement towards the recently broken trend-line (highlighted as red).

- Thank you for dropping by and checking out my idea!

- If you support my view, a like would be highly appreciated. Otherwise, feedback and suggestions are always accepted!

Good luck!
评论:
- Price has broken the lower trend-line; the target for the drop is around 109.60.
评论:
- Price has reached target of 109.60.
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