USDJPY In A Channel, BTFD For Now?

USDJPY is pushed above 109 today which is an important level in the short term. The 4-hour chart is showing us that it is in an up channel.

The levels we must watch in mind are the following: 106.937, 108.168, 108.585 - 109.250, 110.193, 111.668

Note: If we lose the 106.937, it is highly likely the next major support is around 102.

What do we have here?
✔️ Bull Channel Formation
✔️ USDJPY- Pushing Minor Resistance Level

Thank you, Connor,

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