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UnknownUnicorn5526382

USDJPY going to the 118.610 level?

Long
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
UnknownUnicorn5526382  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns
5
0
trendanalysis chartpattern
Major Pattern: Descending Channel
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Analysis: We can see in the most recent candles that there is a clear big momentum candles with big body. This indicates that there are more buyers in the market now. Plus the price completed the 3rd Touch although the touch is not exactly in the trendline because the market is not perfect. We forecast that the price can go to the price of 118.610 or maximum in the 125.860 level
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**Disclaimer**
The content on this analysis is for educational purpose only, trade at your own risk
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