From TradingView · · 20s
USDJPY Bearish Pattern Breakdown
USDJPY breaks support to fall sharply.
In brief
USDJPY breaks support to fall sharply. USDJPY drops if it breaks 157.60 support. Originally reported by TradingView.
USDJPY Pattern
USDJPY shows a bearish wedge pattern with rising resistance and falling support.
Key Levels
Resistance at 158.80, support at 157.60, invalidation point 158.50.
Breakdown Impact
Break support to fall sharply toward lower boundary or stay in range.
In short
USDJPY drops if it breaks 157.60 support.
