USDJPY is trading in an ascending channel pattern, as there is a major event in the coming month so, the market may not be very good according to risk/rewards but according to chart patter analysis, we might see upside in USDJPY from the support level of channel pattern (as shown in chart). One can initiate a long trade with risk management and stop loss.

Thank You.

Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.