USDJPY on a 2H chart has been in an ascending parallel channel
and presently sitting on the ascending support line.
I see USDJPY setup as a swing long for the next several
trading sessions and will monitor the RSI by watching more
closely for a downturn to close the trade once it is over 80.
Trade active
As expected USDJPY rose today getting above the ascending support trendlineDisclaimer
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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.