USD/JPY has broken through the support line of a Descending Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 4 days and suggests a possible target level to be around 147.4969 within the next 7 hours.
USD/JPY has broken through support of a Descending Triangle. It has touched this line at least twice in the last 4 days.
