USDJPY, Daily Price looking like it’s potentially breaking ou | A1 Trading Forex Analysis

USDJPY, Daily

Price looking like it’s potentially breaking out of this channel’s structure, which is completely fine as it’s an ascending channel. Looking for buys from the channel’s bottom at around 105.5. To catch the move to the downside I recommend looking out for price action confirmations of bullish momentum easing and sellers gaining control.

- Bart