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A quick move expected on ETHJPY as it starts approaching a support line of a Channel Up

ETHJPY is heading towards the support line of a Channel Up and could reach this point within the next 6 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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USD/JPY Target Level: 110.0410

USD/JPY Target Level: 110.0410

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Important resistance line being approached by US30. This price has been tested numerous time in the last 8 days

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