Jal121

USD/JPY - Will USD Weakness Continue?

OANDA:USDJPY   U.S. Dollar / Japanese Yen
We can see price is trading in a descending channel.
We have identified key short term structure levels in blue.
The yellow key level marked is a respected long term level.

USD has been weak across the board once again. Will we see a recovery and a bullish push for the reserve currency over the coming weeks?

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.