USD/JPY Trading


There we have a USD/JPY pair in a 4H timeframe. As we can see, we have a beautiful technical channel here. Price Trading at the channel since January. 

We expect the price to bounce from the top of the channel. If the price will show bearish price action for us we can wait for the price to drop into the marked zone. 

If the price will break ascending channel to the upside we will see a short-term bullish run to the upside.