JonathanWong
Short

USDJPY Daily rising channel

FX:USDJPY   U.S. Dollar/Japanese Yen
USDJPY             trading within range. Consolidation before further upside. Downside should be capped by rising trendline at aroun 117. xx             . If trend line is broken, 200 day moving average will be the next level of support. Longer term should see prices going higher as Fed begins to normalize rates. Till then, the channel is likely to hold so look for opportunity to enter long near the lower bound of the channel.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out