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USDJPY | CHANNEL BREAKING?

U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
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OANDA:USDJPY   U.S. Dollar / Japanese Yen
Chart Patterns Harmonic Patterns Trend Analysis uj USDJPY usdjpyshort
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chartpattern harmonicpatterns trendanalysis uj usdjpy usdjpyshort
USDJPY has been trading in a bullish parallel channel and breaking the resistance. We are expecting the price will take a dip to atleast 300 to 400 pips and then can start back the journey for upside.

Alternatively, breaking below 116 will bring bears back in the hunt

Trade your levels accordingly.
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