USD/JPY Technical analyses 1H TF 20th March 2022

160
As we said in the previous analysis today earlier, UJ Probably will continue the Rally to reach some really strong Resistance all over history, the last station for UJ is probably between 124 and 125. if UJ reverse then there is a really good opportunity for a huge profitable Setup.
in the current scenario, we can see the bullish channel, and we have a small Divergence in the RSI/MACD against the price action, we can catch this little profit in a small short position, be careful and manage your risk.

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