CoryMitchell-CMT

USDJPY Longer-Term View with Regression Trend Tool

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FX:USDJPY   U.S. Dollar / Japanese Yen
I have added in another regression trend channel going back to the late 2016 high. That longer-term channel shows the potential upside target for a breakout above the medium-term channel if that were to occur.
At this particular juncture, the medium and short-term channels are the ones in play, with a potential or bounce or break of the short-term channel on the radar right now.
This is a follow-up post. See related ideas for the original.

Use the tool if you like it, discard if it doesn't help you.
Cory Mitchell, CMT
Stock and forex trading insights at https://tradethatswing.com/

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