USDJPY / Bearish trend on control, while below 149.92

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USDJPY

The overall trend remains Bearish as long as the price stays below 149.920, with bearish targets at 149.02 and potentially 147.82.

A corrective move toward the descending trend line at 150.28 is possible before the bearish trend resumes. However, if the price stabilizes below 149.92 with a 4h candle close, a bearish move of 149.92 extends toward 147.82.

otherwise, the closing daily candle above 150.300 will push up to 150.99 and 151.79

Key Levels:
Pivot Line: 149.92
Resistance Levels: 150.99, 151.79, 153.27
Support Levels: 148.39, 147.82, 146.33

PREVIOUS IDEA:
USD/JPY Bearish Breakdown: Eyes on 148.39 Support!

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