USDJPY is pushed above 109 today which is an important level in the short term. The 4-hour chart is showing us that it is in an up channel.
The levels we must watch in mind are the following: 106.937, 108.168, 108.585 - 109.250, 110.193, 111.668
Note: If we lose the 106.937, it is highly likely the next major support is around 102.
What do we have here? ✔️ Bull Channel Formation ✔️ USDJPY- Pushing Minor Resistance Level
Thank you, Connor,
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