U.S. Dollar / Japanese Yen
Updated

USDJPY Swing Long

62
USDJPY

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 trendline

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