DeGRAM | USDJPY growth in the channel

7 בפבר׳

USDJPY is in an ascending channel between the trend lines.

The price is moving from the lower boundary of the channel.

On the 1H Timeframe indicators have formed a bullish convergence.

The chart has formed a harmonic pattern.

We expect USDJPY to move towards the nearest resistance coinciding with the 38.2% retracement level.

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12 בפבר׳

עסקה סגורה: היעד הושג

The chart successfully reached the resistance level, closing our target +224 pips