USDJPY Clean Near Term Trading Levels

USDJPY has finally sustained strength above the 25 line within the channel from the March high. This line had held as resistance since 6/30. The top side of the line should be support now near 105.50 (also the month open). The level is reinforced by short term trendline support. Upside focus is the top of the channel from the March high near 106.70, which is also 2 legs up from the September low. Visit scandex.com/author/jamiesaettele/ for more charts and ideas.