U.S. Dollar / Japanese Yen

Long

USD/JPY

By rakeshreddym

Updated

Nearing support of rising channel with postive price action ,one can long on channel low to target till mid to high of channel.

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At Channel low check price action here to go long .

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Zoom into lower time frame to see any positive pice action there to go long good RR level now , if voilates the red bar support on chart wait for retest and direction.

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Support got voilated long invalid now let it go test below levels then access again

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into top bracket seems fake out to downside

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Back into channel resume uptrend from here

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144 now

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Trade closed: target reached

150

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