USDJPY, H2
USDJPY Navigates within an ascending channel and faces the 154.70 resistance level.
The 100-MA gives an additional layer of support, while the MFI leaves the oversold zone, giving a fuel for the buyers.
- If the price breaks above the 154.70 resistance, it will rise to 156.50 level.
- However, if USDJPY breaks below the trendline, the asset may fall to 152.30.
