From TradingView · · 30s
USDJPY Trendline Break Could Reach 158.90
USDJPY may hit 158.90 if trendline breaks near 158.15.
In brief
USDJPY may hit 158.90 if trendline breaks near 158.15. USDJPY could reach 158.90 after breaking a key trendline at 158.15. Originally reported by TradingView.
USDJPY Testing Trendline
USDJPY is testing a descending trendline near 158.10, 158.15 after recovering from 157.55, 157.66.
Key Levels for USDJPY
Current price: 158.147. Resistance zone: 158.28, 158.34. Major target: 158.86, 158.94.
Breakout Scenario
A sustained break above the trendline could push USDJPY toward 158.90 if buyers overcome resistance.
The bottom line
USDJPY could reach 158.90 after breaking a key trendline at 158.15.
