pipqueen-gb

USDJPY Asccending Channel

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Here i have identified an uptrend in the USDJPY chart, showing clearly on the daily and more accurately on the 4hour chart. I will be looking for buys to the top side of the trend line not before a bullish move away, a longer term trade idea capturing around 120 pips. Stops would be outside of the uptrend. A pair i will be monitoring closely as we have also have the potential to break out right now.
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