USD/JPY has broken through a resistance line of a Channel Down chart pattern. If this breakout holds true, we may see the price of USD/JPY testing 134.3289 within the next 5 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 resistance could mean a start of a bullish trend on USD/JPY
