USDJPY Ascending Channel from 4HR View

6 בינו׳ 2022

It is quite difficult to perceive where the next movement will be for USD pairs, as such, looking at it from a much bigger lens/timeframe, we can see here that from the 4hr perspective, USDJPY is looking to make a move down to 113.6 or 113.7 before proceeding upwards again hopefully up to 118.

Here is a microscopic view of the overalls:

Disclaimer: This is for educational purposes only.