美元 / 日圓

USDJPY trading idea

100
USDJPY hit trendline and is currently consolidating. This can be a trend continuation pattern and a break above (which is the more promising setup now) opens the path to 126 and above. For a sell setup, I would need to see a break of the parallel channel, followed by a flag because it could be a more complex correction than an parallel channel. Good luck

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