USDJPY broke the channel and reached +800 Points

Channel Breakout

USDJPY is moving in a descending channel by forming lower highs, lower lows in the 30 minutes time frame chart.

Now, the top zone of the descending channel has broken with Buyers Pressure.

USDJPY bounce back from Support

USDJPY reached the support zone price 104 after 2 months.

USDJPY bouncing back from the support zone

In the 4-hour time frame chart, USDJPY trying to bounce back from the support zone.

After the confirmation of Upward movement, USDJPY Buy signal is given.

USDJPY reached the take profit successfully.

usdjpy 80 pips profit in buy signal

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