From TradingView · · 30s
USDJPY Bearish Setup
USDJPY drops below key resistance as bearish trend intensifies.
In brief
USDJPY drops below key resistance as bearish trend intensifies. USDJPY breaks below resistance zone at 156.875, targeting 154.117 support. Originally reported by TradingView.
USDJPY Breakdown
USDJPY dropped below resistance zone at 156.875 after breaking the rising trendline.
Key Support Target
Price targets 154.117 if bearish scenario continues below broken trendline.
Risk Management
Wait for confirmation before trading; support target not guaranteed outcome.
The bottom line
USDJPY breaks below resistance zone at 156.875, targeting 154.117 support.
