USDJPY parallel channel
Approaching upper limit
Resistance 106.0 (parallel channel)
107.5 (previous high)
110 (Monthly chart EMA(21))
Monitor possible selling at 106
But there is a bullish signal on moving average cross that can make price continue up to 110.
Approaching upper limit
Resistance 106.0 (parallel channel)
107.5 (previous high)
110 (Monthly chart EMA(21))
Monitor possible selling at 106
But there is a bullish signal on moving average cross that can make price continue up to 110.