For pair like USDJPY we might keep wondering when the rally would end. Somehow at current level we are not very far from the top. The possible top in my guess would be somewhere the upper trend line chanel of 8h chart. It would be around 138 area. Then it will have good chance to test the lower trend line chanel and even break below it.
Trade well and wisely
Trade well and wisely
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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.