CoryMitchell-CMT

USDJPY Longer-Term View with Regression Trend Tool

Education
FX:USDJPY   U.S. Dollar / Japanese Yen
I have added in another regression trend channel going back to the late 2016 high. That longer-term channel shows the potential upside target for a breakout above the medium-term channel if that were to occur.
At this particular juncture, the medium and short-term channels are the ones in play, with a potential or bounce or break of the short-term channel on the radar right now.
This is a follow-up post. See related ideas for the original.

Use the tool if you like it, discard if it doesn't help you.

Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Disclaimer

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.