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Watch for channel breakout or pullback - USDJPY
U.S. Dollar / Japanese Yen
Watch for channel breakout or pullback - USDJPY
By Psywin
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Updated
Oct 28, 2016
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Oct 27, 2016
USD/JPY has just hit the channel top. Expect it will head higher to 106 if it breaks out of the channel or pullback to the bottom channel.
Oct 28, 2016
Note
Watch for the bounce at ~105 area to confirm this breakout.
Oct 31, 2016
Trade closed manually
Failed breakout....trade invalidated when it fell through 105
Psywin
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