There is an opportunity to long the USD|JPY on the touch of the lower rising channel support line.
- Long entries should be initiated on touch.
- Stop Losses should be below the last swing low of corrective 108.741 (Red Horizontal)
- Target Point A: 109.383 (Green Horizontal) followed by Target Point B: 109.893
All remaining target resistance points are marked above 109.383 by consecutive horizontal lines (blue.)
- Long entries should be initiated on touch.
- Stop Losses should be below the last swing low of corrective 108.741 (Red Horizontal)
- Target Point A: 109.383 (Green Horizontal) followed by Target Point B: 109.893
All remaining target resistance points are marked above 109.383 by consecutive horizontal lines (blue.)