The USDJPY has broken the important hourly and weekly Bullish Channel
Now, The USDJPY is retesting this broken bullish channel as expected, for that, a fall when the retest is finish between the levels 110.500/110.600 is expected
Hourly, the USDJPY has a bearish bias, but Globally, the USDJPY has a bullish bias, for that I expect the price to fall to the line of the ascendant channel. This forecast is sustained by weekly and daily EMAs
A violation of 110.850 would invalidate this forecast
A proper Price Action strategy can help totally to enter the short when the level is being retested
Now, The USDJPY is retesting this broken bullish channel as expected, for that, a fall when the retest is finish between the levels 110.500/110.600 is expected
Hourly, the USDJPY has a bearish bias, but Globally, the USDJPY has a bullish bias, for that I expect the price to fall to the line of the ascendant channel. This forecast is sustained by weekly and daily EMAs
A violation of 110.850 would invalidate this forecast
A proper Price Action strategy can help totally to enter the short when the level is being retested
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