FX:USDJPY   U.S. Dollar/Japanese Yen
USDJPY             declines in descending channel with current range 120.25-120.75 from 26 October. The pair could rebound from 120.25/30 support zone, I expect USDJPY             rising to upper channel line 120.70/75.

Target is confirmed by ascending trendline on hourly chart.
Stop-loss is set below intraday low 120.15. Breakout from channel to the downside opens way to 119.50 support.

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