USDJPY: Pullback From Key Level (forecast)

hey traders,

I guess you noticed this major strong daily support level on 🟢USDJPY.

the price has reached that yesterday and on 4H it went immediately rejected.

on hourly, after a steady bearish continuation, the price has set a higher low

and broke above the resistance line of a falling channel .

now the area between the last lower high and broken resistance serves as the local demand zone .

I will buy usdjpy from there.

goals:

104.6

104.8