Descrição
⋅ Looks like the Yens are set to drop. EURJPY is strongly going up, GBPJPY is going up, Showing that Yens are weak.
On the USD/JPY, we are seeing some movement upwards.
Meanwhile, The Dollar's weakness is halting a bit.
On the daily chart, we see the price has hit the upper line of the wedge/channel formation but the pullback on h4 still looks ripe for longs.
I am going long here.