TipTVFinance

USD/JPY upside breakout from channel likely

FX:USDJPY   U.S. Dollar / Japanese Yen
Bullish break form the sideways channel would open doors for a re-test of 118.66. Also note bullish set up on the daily RSI.

The spot may find resistance at 115.62 (Jan 19 high)

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.