USDJPY finding structural support @117.40 also bottom of channel

FX:USDJPY   U.S. Dollar / Japanese Yen
175 3 2
USDJPY             is finding near term structural support @117.40 handle which is also a bottom of channel. If holds, target TG1 can be set at 121.80 handle.There is a long term structural resistance at 123.50 level which can be used as target TG2.
I was just looking at it again - I think it is a running flat 3 3 5 structure
+1 Reply
nice call gpuri
gpuri kate25
Thanks kate25, but it didn't hold. My stop is at 115.13 so I still have some room.
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