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USDJPY: Oversold Market & Pullback

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
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FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Support and Resistance Triangle dollar yen japaneseyen USD jpy USDJPY fx money Currencies
53
21
trendanalysis supportandresistance triangle dollar yen japaneseyen usd jpy usdjpy fx money currencies
snapshot

USDJPY looks oversold.

After a steady bearish continuation within a falling parralel channel, the price formed an ascending triangle formation
and broke and closed above its minor resistance.
That breakouts matches with a violation of a channel and increases a chance of a pullback.

goals:
105.52
105.64
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