MortezaShiri

USDJPY Approaching Channel Top

FX:USDJPY   U.S. Dollar / Japanese Yen
5
The USDJPY reached the higher band of its rising channel, I expect the bulls to liquidate their long positions and thus will seek shorting opportunities and being a long here is not recommended , Bulls can look for a breakout pullback setup above the channel
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.