WicktatorFX

USDJPY - Another Leg Higher

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FX:USDJPY   Dolar A.S. / Yen Jepun
USDJPY has been moving within the ascending channel since it broke out of the descending wedge. Makes our job a lot easier as we can wait for price to come to either extremes of the wedge and execute the trade accordingly. USDJPY is bullish so I'd be more focused on buying rather than selling. Hoooowweeever, we can still sell for the short term.

See linked chart for previous USDJPY analysis.

Will be posting the short set up below.

Trade safe!
Komen:
USDJPY 2H

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