USDJPY | Breakout from falling channel

USDJPY has been in pressure since 10th feb and following the falling trendline accurately. Yesterday (24th Feb), it has given breakout from the falling channel and retest it before making a higher low (confirmation of bullish trend). One can adopt buy on dip strategy in it and ride this trend.

Alternatively, breaking back to falling trendline will call more bears in the hunt and price will fall sharply.

Trade your levels accordingly.