USD/JPY has broken through a support line of a Channel Up chart pattern. If this breakout holds true, we may see the price of USD/JPY testing 130.8584 within the next 15 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.
Breach of support could mean a start of a bearish trend on USD/JPY
