U.S. Dollar / Japanese Yen
Short
Updated

DeGRAM | USDJPY pullback from the channel boundary

370
USDJPY is moving between the trend lines in a descending channel near the upper boundary.

The price has been rising for a long period of time without pullbacks and is now approaching the resistance level, which coincides with the 62% retracement level of the last bearish impulse.

We expect a pullback.

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Trade closed: target reached

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