USDJPY Price Is Breaking Out The Channel

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

Updated

FX_IDC:USDJPY U.S. Dollar / Japanese Yen

breakoutsignal setups fakeout Descending Channel sellers entry Support and Resistance NEWS long-term

breakoutsignal setups fakeout descendingchannel sellers entry supportandresistance news long-term

As you can see on USD/JPY we can see the price is breaking the channel and preparing for a breakout, if that doesn't happen then we are preparing to go short from here , i wait for tommorow.(note that we are in seller's territory)
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DailyFx Forecast:
USD Is neutral
JPY Is bearish
Trend Down
Volitility 26%

Trade active:

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