USDJPY Channel Trading pour FX:USDJPY par the5erstrading

supplyanddemand mtfa trendline sideways usdjpy

While there is not much opportunity out there for my system the past few weeks, I have noticed that USDJPY has formed a large channel. This indicating fair price and in reality, only more news could result in breaking this channel.

Let me know what you think and how you plan on trading it!

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