The chart shows a clear bullish trend on USDJPY moving inside an ascending channel. Price has been respecting the channel boundaries with higher highs and higher lows, supported by the Ichimoku cloud acting as dynamic support. Recently, price reached the upper zone and is showing a potential pullback. The expected move is a retracement towards the channel support and the marked target zone around 159.200, where price may find support before continuing the uptrend.
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telegram channel link
t.me/+OO7phZHO6g1mN2Y0
join to get daily basis 2-3 free signal for educational purpose
t.me/+OO7phZHO6g1mN2Y0
get information about Gold, BTC and forex market
t.me/+OO7phZHO6g1mN2Y0
t.me/+OO7phZHO6g1mN2Y0
join to get daily basis 2-3 free signal for educational purpose
t.me/+OO7phZHO6g1mN2Y0
get information about Gold, BTC and forex market
t.me/+OO7phZHO6g1mN2Y0
Related publications
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.