USDJPY holding the MA50 (1d).

USDJPY is trading inside a Channel Up since September.
The price has tested, held and consolidated on the MA50 (1d) for the last 4 days (including today).
This is a bullish signal, considering also that this is taking place near the bottom of the Channel Up.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 164.350 (+6.20% rise).

Tips:
1. The RSI (1d) is below its MA trendline, on a sideways pattern that is similar to the September 16th 2024 and December 3rd 2024 bottoms.

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