The USDJPY pair is currently on a down trend on daily time frame . On one hand, it’s trading within a descending channel, indicating a strong bearish structure, with a potential target of 145.200 . The price has broken below a key support zone and may pull back for a potential retest.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.