I am LONG for LIFE on USDJPY, but for now looking for a good base to LONG from. The green rectangle could be a good spot to see a bounce if we fall that far down. This would be the top of the previous months' long trend channel. This would also confirm a new trend channel to the upside.
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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.