As usual with the USD/JPY the price moves in a horizontal channel with there is no selling or buying saturation
But here I see a potential Flag pattern that stimulates the selling trades
So I think If the price breaks the down line of the channel I think it will go from 106.407 to at least 105.978 level
and If the price breaks the up line of the channel I think it will go from 107.760 to 108.024 level and in this case, there is no longer a potential Flag pattern
remember guys we must be patient and as a trader a real trader you must follow all the important events in the countries witch we trading on its currencies to catch opportunities.
if there anything happened I will just update this analysis
have a profitable week, guys.
& share with me your thoughts let's learn from each other
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