Hello traders, welcome back. So here is our analysis on USDJPY . As we can see that the pair is still running inside its channel and has never broken it. It hit its every support and resistance and bounce back. Right now the pair hit its support and has bounced back. At the same time we can also see that the pair is close to its resistance level . One can take a small buy trade keeping TP close to its resistance level .
Any views welcome. Thanks.
Ryan.R.lopes
Ryan Lopes
Ryan.R.Lopes, trader and analyst. Holds strength in Support and resistance, trade-line and breakouts. Having experience in FOREX, COMMODITIES and STOCK MARKET for more than 5 years and now Backed by a powerful team that has more than 10 years of experience.
