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USD/JPY Technical analysis

U.S. Dollar / Japanese Yen (FX:USDJPY)  
traderpulse  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Harmonic Patterns channeltradiung breakout
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trendanalysis harmonicpatterns channeltradiung breakout
The 4-hour chart of USD/JPY indicates that the pair has broken the downtrend trend line.
It is currently re-testing the broken trend line.
Also it seems the pair has formed an up channel formation.
Unless,it breaks the up channel trend line, the counter will not experience selling pressure.
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