USDJPY - Bullish Trend Retesting Channel Support?United States Dollar vs Japanese YenTICKMILL:USDJPYTheSignalystUSDJPY has remained overall bullish, trading within the rising channels marked in blue and red, with buyers continuing to maintain control of the broader trend. 📈 Price is now approaching a high-confluence support area, formed by the intersection of: - The lower bound of the blue rising channel. - The green demand zone. 📌 As long as this confluence continues to hold, we will be looking for trend-following long setups, expecting the broader bullish trend to resume and the next impulsive move higher to develop. As always, rather than buying blindly into support, we will wait for bullish confirmation before considering any long positions. Will buyers defend this key confluence and push USDJPY toward fresh highs? 🤔 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr