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Nial Fuller

Professional Trader, Author & Trading Coach

Downtrending Price Action in USDJPY Continues

The USD/JPY has found itself trending down in a channel since the start of November.

The 1HR Chart shows us the continuation of this channel and the movement of the USD/JPY pair as it has bounced around the highs and lows of this channel.

Traders should be aware of the top of this channel is containing the market lower. It looks like more falls are due.US Dollar / Japanese Yen 1Hr Chart

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is a Professional Trader & Author who is considered ‘The Authority’ on Price Action Trading. He has a monthly readership of 250,000+ traders and has taught 20,000+ students since 2008. In 2016, Nial won the Million Dollar Trader Competition. Checkout Nial's Professional Trading Course here.

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