A possible start of a bearish trend on USDJPY
USDJPY has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we may see the price of USDJPY testing 114.8311 within the next 18 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Open Trading Account Try a Free Demo