USDJPY just broke out of the bearish trend and we are currently experiencing a bullish channel as marked above.
It is possible that the resistance above would be respected and the new bullish channel serving as a confluence may send USDJPY down to retest the bearish resistance trendline just broken.
It is possible that the resistance above would be respected and the new bullish channel serving as a confluence may send USDJPY down to retest the bearish resistance trendline just broken.