USDJPY HAS RECENTLY TESTED AN AREA WHERE PRICE TESTED MULTIPLE TIMES IN 2017. I HAVE TWO BIAS ON THIS PAIR.
PRICE IS IN AN UPTREND ON THE DAILY TIME FRAME. EITHER PRICE WILL CONTINUE UP TO MY FIBONACCI TARGET AT THE -27% OR PRICE WILL BREAK THE UPWARD CHANNEL, RETEST IT, AND THEN CONTINUE DOWN TO PREVIOUS SUPPORT.