Usdjpy
All jpy pair touching their lows during last fundamental jpy broke its zone of 130 which was acting as a support for one month.Now for this week we can see price movement within a descending channel and very soon price will test again a solid support zone of 126. Where we will see a little bullish move upside but remember for good and healthy trend move price should break this either on both side.. Around 126 zone all support acts like horizontal and and vertical if price hold this support zone after retest we can take entry within a following channel
All jpy pair touching their lows during last fundamental jpy broke its zone of 130 which was acting as a support for one month.Now for this week we can see price movement within a descending channel and very soon price will test again a solid support zone of 126. Where we will see a little bullish move upside but remember for good and healthy trend move price should break this either on both side.. Around 126 zone all support acts like horizontal and and vertical if price hold this support zone after retest we can take entry within a following channel