A possible start of a bearish trend on USDJPY

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 130.8009 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.

Past performance is not an indicator of future results.
Losses can exceed deposits.

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