Usdjpy sell setup read the caption

Usdjpy On the 1 hour chart, we can see more closely the price action inside the channel with the price now close to a level where we got rejections from in the past few days. More aggressive traders might want to trade either a rejection from the level or a breakout to the upside, but ultimately the best levels, from a risk to reward perspective, are the trendlines of the channel usdjpy more bearish trend