InvestingScope

USDJPY: 1H Channel Up. Long.

Long
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
The price is trading within a standard Channel Up on the 1H chart (RSI = 57.398, MACD = 0.060, Highs/Lows = 0.0568). Today's 108.660 was the new Higher Low of that pattern and although it may re test 108.800, it should seek a Higher High in the next two sessions. Long, TP = 109.440.





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