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USDJPY - Channel Bounce
U.S. Dollar / Japanese Yen
Long
USDJPY - Channel Bounce
By Kemsdale
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Updated
Dec 8, 2023
1
Dec 4, 2023
Looking for a channel bounce for USDJPY.
Yields have sold off a lot and expecting a bounce this week, which should favour USDJPY.
This a weekly outlook and valid until US unemployment data on Friday.
Stops are around low 146
Dec 8, 2023
Trade closed: stop reached
That channel broke pretty hard!
Trend Lines
Kemsdale
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