Bullish on H4 channel, and golden-cross on H1 channel

Long

U.S. Dollar / Japanese Yen (OANDA:USDJPY)

OANDA:USDJPY U.S. Dollar / Japanese Yen

Chart Patterns Technical Indicators Trend Analysis

chartpattern indicator trendanalysis

USDJPY

We need to wait and see for the confirmation, whether the price will continue breakout or take a little pullback first. Either way, we can expect bullish trend on H1 until its major static resistance (channel H4).

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.