DeGRAM | USDJPY price exit from the channel

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USDJPY is between the trend lines under the ascending channel.

The chart broke the ascending structure and broke the lower boundary of the channel.

The price has already reached the resistance level and the upper trend line, which has already acted as a pullback point twice and is now under the 50% retracement level.

We expect the price to decline.

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Trade fermée: cible de profit atteinte
The lower trend line has been reached!
Chart PatternsSupport and ResistanceTrend Analysisusdjpyanalysisusdjpysignal

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