USDJPY has broken through a support line of a Channel Up chart pattern. If this breakout holds true, we may see the price of USDJPY testing 146.2414 within the next 3 days. 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.
After testing support twice in the past, USDJPY has finally broken through. Can we expect a bearish trend to follow?
