rauan

USDJPY tests upper channel line

FX:USDJPY   U.S. Dollar/Japanese Yen
USDJPY             has tested upper line of descending channel , as expected yesterday.
Unfortunately, the value of dynamic resistance has dropped too, and distance from opening price is below 10 pips.

Current expectations
A. Channel break to the upside, first target 120.70
B. Continuation of price range inside channel, targeting 119.80-119.60 area.

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out