Home Polls & Quizzes USDJPY Price Action – Which Way? – Click the Image and Vote!

USDJPY Price Action – Which Way? – Click the Image and Vote!

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The USDJPY 4H price is moving in an ascending channel which seems a pullback of the main downward trend. Recently it has bounced off of the channel’s lower trendline, but it made a shooting star and a bearish candle near a resistance area.

Now, the question is:

Is this a minor consolidation and the price will continue upwards to touch the channel’s upper trendline or will it break this channel down and continue its main bearish movement?

PLEASE, Click the Image and VOTE!

Which Way Will USDJPY Go?

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