USDJPY: Important Breakout & Bearish Continuation

156
snapshot

USDJPY has broken below a support line of a descending triangle formation.
The breakout is considered to be confirmed now and bearish continuation is expected.

Now the goals for sellers are: 103.1 / 102.7

If you don't have an active position on the pair, I recommend you consider the underlined red supply area based on a trend line and horizontal support of a triangle. That zone may give a safe entry.

Please, support this idea with like and comment! Thank you!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.