The four-hours chart of USDJPY . The price may move up from the flat and break the channel’s upper border. Medium-term goal is the level 110.94 (6/8). Decline will become relevant only if bears manage to push and keep the price below the Day Supertrend Line
Trading solutions: Who did not close the purchase hold them further. Those who closed Buy trades, should look for new entry points around the four-hours SuperTrend line.
USD/JPY, H4
Origin: FreshForex
