Technical Analysis – USDJPY maintains bullish sentiment within channel

USDJPY survived a drop below the bullish channel and avoided a close within the Ichimoku cloud a few weeks ago, drifting higher to re-challenge the 109.70 resistance area. The bulls have not claimed the 109.70 number yet, which could be the key for an extension towards the channel’s topline and the crucial zone of 110.65 […]