ForexFunction

USDJPY: Downside Breakout of Triangle

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
On the chart, we can see that usdjpy made upside breakout of triangle but it can't sustain its bullish momentum. Then this pair has started falling. We can rapid bearish movement on this pair. Expecting more bearish movement on this pair in coming days. Next target can be 114.80 level.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.