U.S. Dollar / Japanese Yen
Short
Updated

USDJPY| SHORT TERM

203
The price has declined sharply and is currently attempting to break below 152.43. However, before doing so, a correction toward approximately 153.77 is expected. If the price successfully breaks below 152.43, it will encounter a channel trend that must be crossed and broken out of to confirm a bearish trend. Conversely, a bullish trend will be established above 153.77, particularly if the price surpasses 155.06.

Tendency Keys: 152.43
Resistance Line: 194,62, 153.77, 155.06
Support Line: 152.43, 150.61, 156.01
Trade active
As previously mentioned, the price has broken the channel, resulting in a shift to a bearish direction. Therefore, as stated earlier, the bearish trend is expected to continue.

snapshot

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