06 Feb
Analysis of the Japanese dollar pair 6-2-2020

The Japanese dollar is moving inside the bullish channel, which is indicated on the graph

The price approaches strong selling levels at the previous high and the subsequent high level, all in conjunction with the upper bound of the ascending channel

We expect prices to fall again from the aforementioned levels or the ascending channel level as a last step for the rise

We recommend selling higher prices with Alkhvaz to stop loss to break the upper limit of the ascending channel