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

Get Each forex signal with Chart Analysis and Reason for buying or selling the trade which helps you to Trade with confidence on your trading account.

Don’t trade all the time, trade only at Best Setup. Join Free now. Let result speaks on your trading account. Start to receive the forex signals now: forexgdp.com/forex-signals

FOREX GDP

Forex GDP team provides High Quality Forex signals services exclusively to all type of traders around the world. Each signal given with chart analysis that helps you to trade with confidence on your account. Forex GDP team worked with Major banks, Financial Institutions, Liquidity providers, Forex brokers in different job positions such as Equity Dealer, Fund Manager, Senior Market Analyst, Risk Manager and other major roles in Forex Trading Companies. Try free now to see the quality trades on your account.

FOREX GDP