I see a very bearish price action on USDJPY:
The price formed a head & shoulders pattern after a test of
a key daily/intraday resistance and violated its neckline
and a rising support of a rising wedge pattern.
The next strong support is 141.75
It will most likely be the next goal for the sellers.
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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.