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deankirk57

example of simple channel trading potentially

U.S. Dollar / Japanese Yen (FX:USDJPY)  
deankirk57  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis
4
0
trendanalysis
after todays dollar plummet its safe to safe we are coming into bearish territory on UJ, which looks like the start of a descending channel.

we could just fall straight down from daily res level here before coming to test the channel again, but if we do come up to test I will be looking to sell again
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