OANDA:USDJPY   Dollar Américain / Yen japonais
Based on higher time frames of drawing a standard deviation channel at 144 weeks as well as a fibonacci off the last 5 months of USDJPY, we can see a potential opportunity for bulls to enter this pair next week to take profit sooner rather than wait on a swing trade. If you take this idea and enter at the 38.2 level of the fib drawn here on the H4 time frame, expect to take profit at 161.8 level, however, pay attention to the 6.18 level where price could potentially reverse. So make sure your risk management is at the forefront when trading this pair this week.
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