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the5erstrading

USDJPY Channel Trading

U.S. Dollar / Japanese Yen (FX:USDJPY)  
the5erstrading  
FX:USDJPY   U.S. Dollar / Japanese Yen
Supply and Demand Multiple Time Frame Analysis Trend Lines sideways USDJPY
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supplyanddemand mtfa trendline sideways usdjpy
While there is not much opportunity out there for my system the past few weeks, I have noticed that USDJPY has formed a large channel. This indicating fair price and in reality, only more news could result in breaking this channel.

Let me know what you think and how you plan on trading it!
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