There is an opportunity to long the USD|JPY
- Long entries may be initiated now around any bullish candlestick patterns forming above the descending channel resistance now turned support.
- Stop Losses should be below the last swing low of 108.566 (Red Horizontal)
- Target Point A : 109.191 (Green Horizontal)
All remaining target and intermediary resistance zones to the upside are marked above entry by consecutive horizontal lines (blue.)
- Long entries may be initiated now around any bullish candlestick patterns forming above the descending channel resistance now turned support.
- Stop Losses should be below the last swing low of 108.566 (Red Horizontal)
- Target Point A : 109.191 (Green Horizontal)
All remaining target and intermediary resistance zones to the upside are marked above entry by consecutive horizontal lines (blue.)