TokieTV

USDJPY Ascending Channel from 4HR View

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
It is quite difficult to perceive where the next movement will be for USD pairs, as such, looking at it from a much bigger lens/timeframe, we can see here that from the 4hr perspective, USDJPY is looking to make a move down to 113.6 or 113.7 before proceeding upwards again hopefully up to 118.

Here is a microscopic view of the overalls:
Disclaimer: This is for educational purposes only.
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.