USDJPY - Long Setup

FX:USDJPY   U.S. Dollar / Japanese Yen
Hi Everyone ! So as you see, USDJPY was Roaming between the downward channel since too long but finally we saw an upward breakout which is good sign for long term traders. Now there are two possibilities, Whether it comes back to retest the upper trend line of the channel or either it will directly go up , and for that we have to pay deep attention on the price action of lower time frame. First target will be around 115.00 due to psychological barrier and the other one will be 117.00. Thanks

P.S : Thank you for all your likes and comments, this really motivates me to continue my work on tradingview. thanks once again.


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