TiseryForexFX

USDJPY (Technical analyse)

FX:USDJPY   U.S. Dollar / Japanese Yen
On this pair we have a downtrend channel on higher timeframes.
On this H4 timeframe we have had an impulse for bulish moves and now a flag pattern.
This flag pattern just confirmed with a price action and the stoch that the price is going down and respect
the flag resistance.
We think that this pair will go and finish this last move on this pattern and then broke it.
We need to wait to see in wich direction is going to break.
For any update or entry for this pair youre gonna get notified by us!

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.