NickFi

USDJPY resistance level reached?

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
3
USDJPY is swimming in a channel. The resistance line has been reached, but perhaps it will go a bit higher than that (just to prove it does not listen to resistance and support lines), but then it will sink lower.
Or maybe not. The channel could well be a part of a bullish flag.

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