USDJPY has been trading and rallying between to very important key levels around 107.517 and 107.072 on the H1 timeframe forming a nice rectangle chart pattern, am expecting the price to sell out before heading on the initial move up. If the opposite happens and we manage to break out below 106.83 we might see the price going lower heading towards the 104 area.
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.