Looking at the USD/JPY we can see a nice channel guiding price upwards:
Price currently trading around the pivot, contained within S1 and R1:
Ichimoku chart looks bullish -trading above the Kumo and following the bullish Tenkan/Kijun crossover:
I will be interested to short USD/JPY next week on rebound.
My test shows MACD is good for tracking USD/JPY.