This pair has been consolidating for a while now as we can see from the descending channel set up,price hit a key support level at 1.30503 but showed a clear rejection with a bullish pin bar set up, put in mind that we are infact expecting a bullish breakout from this channel, buyers can take opportunity of this rejection as we expect a retest of former...
The USDJPY continues bullish momentum, closing above technical resistance at 112.004, yesterday's bearish pin bar shows rejection of price at 113.015.. watching out for a pullback to 112.004 as price retests former resistance,if this level holds,a long entry order will be validated ...
price target @113.015
