LONG ANALYSIS ON USDJPY
We can see USDJPY breakout of a bearish channel and retest while also creating a bullish flag chart pattern. we can also see USDJPY trying to break a support zone, there are multiple rejections around there so we expect it to go back to the next resistance zone which will serve as our TP1. The second resistance zone will be used as our TP2.
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.