USD/JPY: On the H4 chart, price is still respecting the ascending channel. We are bullish bias- Price is currently testing the first support at 141.652 where the 23.6% retracement sits. Bearish momentum might bring price to the second support at 139.349 where the 38.2% retracement and overlapping support sits. Alternatively, price might continue with the […]
The post Technical Outlook and Review appeared first on Action Forex.