DJPY is facing the resistance of the upper border of the price channel on 4-hour chart. As long as the channel resistance holds, the rise from 80.31 could be treated as consolidation of the downtrend from 84.17, and another fall is still possible after consolidation. However, a clear break above the channel resistance will indicate that the fall from 84.17 had completed at 80.31 already, then the following upward movement could bring price to 83.00 zone.

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