BabyPips.com School of Pipsology
New to forex? Learn to trade through our online course. It’s fun and, best of all, it’s free!USD/JPY: Daily
USD/JPY has been crawling inside a falling channel on its daily chart and it looks like the pair is testing the top of the channel right now! However, the Stochastic has yet to reach the overbought zone, which means that dollar bulls aren't done with their rallies just yet. If you plan to play this long-term falling range, make sure you wait for stochastic to turn and point downwards to make sure you won't get faked out!







