USD/JPY is righteously respecting the channel area. On the Daily Timeframe we are expecting an upside move, but for the moment nothing is clear. We can see the pair heading south in the short term, before starting the daily Uptrend. We will wait for the price to break the upper line of the channel to get a better understanding of the market structure. Our advice is to be patient and maybe focus on other currency pairs for now. We will keep you posted!
Trade with care!
Financial Flagship
Disclaimer: The analysis provided is just informal and it should not be used as financial advice. You need a plan before you trade, but we assume this can help you have a better idea to where the market is heading next.
Trade with care!
Financial Flagship
Disclaimer: The analysis provided is just informal and it should not be used as financial advice. You need a plan before you trade, but we assume this can help you have a better idea to where the market is heading next.
Trade closed manually
Price is ranging at the moment.
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.
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.