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USD/JPY Up or Down?🧙🏻‍♂️

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

FX:USDJPY U.S. Dollar / Japanese Yen

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supportandresistance trendline supplyanddemand usdjpy priceaction technicalanalysis

USD/JPY has come up to test the upper boundary of the downtrading channel for once again. From this area, we will closely monitor the market and wait for a break/retrace before buying/selling🙌🏻

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Comments

I agree with your outlooks. makes sense.

ProjectSyndicate

@ProjectSyndicate working out pretty well! Thanks for your support!

perfect job here

DaweFXHunter

@DaweFXHunter appreciate it, my friend!

Good setup! I’d say a bearish scenario ! 😁

FXtrades-gp

@FXtrades-gp, let's wait and see🙌🏻

Nice Chart, waiting for the breakout.

Samoburger

@Samoburger, thanks for your feedback, my friend

Wonderful analysis! I like this setup.

abel11

@abel11 Thanks for your feedback!