My Take on USDJPY

14 בדצמ׳ 2023

Price may likely remain within the descending channel for a while. In the meantime, i am expecting a price push upwards to the 143.672 zone. If price eventually gets there, i will exit the short term buys and then go in for a longer sell trades as shown on the chart. That is to say that the overall trend is still bearish.