USD-JPY First UP Then DOWN. Sell!
Hello, Traders!
USD-JPY is trading in a downtrend in a falling channel
Its recent surge up is a natural correction
However, the resistance confluence is near
And I think we will see a nice bearish correction
At least to the nearest support area
Sell!
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Tradinglan
USD-JPY will bounce from resistance line
USD-JPY has been following this falling trendline for some time now
I expect it to be respected by the market
It is likely to bounce from it to retest rising channel support
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