See past USDJPY idea, we are in a downwards channel, our last sell has not yet target and king's crown became invalid but downward channel still holding and technicals still pointing south.
Entry 1 @ 105.60
Entry 2 @ 106.00
TP @ 1.6500 area
SL above channel.
Good luck and let me know if there are any questions.
Charles V
CVFX Management
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