USDJPY broke out below the ascending channel. Price went down to 115.027. We should expect a retrace to 115.626 before price falls again. This is a support and resistance level coupled with a 50% fib retracement zone.
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.