USDJPY POSSIBLE SETUPS
On the daily timeframe we've price trading inside a CHANNEL holding sine 2016. We also have a BULL FLAG inside the CHANNEl with this significant zone of supports and resistance at 106.05 zone. we've a weekly close below this zone..
I will be looking out for a break above 106.05 to set price higher exposing 107.50 as possible target, or sellers to hold price below 106.05 to set price lower exposing 103.60 as target or next level of support.
I will be looking out for a break above 106.05 to set price higher exposing 107.50 as possible target, or sellers to hold price below 106.05 to set price lower exposing 103.60 as target or next level of support.
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