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Psywin

Watch for channel breakout or pullback - USDJPY

U.S. Dollar / Japanese Yen (FX:USDJPY)  
Psywin Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
2
1
USD/JPY has just hit the channel top. Expect it will head higher to 106 if it breaks out of the channel or pullback to the bottom channel.
Comment:
Watch for the bounce at ~105 area to confirm this breakout.
Trade closed manually:
Failed breakout....trade invalidated when it fell through 105
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