Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
Today, I want to talk to you about the USD/JPY chart.
Looking at the chart, we can see how the price has formed a triangle and is moving in the inside.
The price is currently trading near the support line.
The price can break the support line and start to decline.
I expect that the price can break the triangle and go down to the level of 142,50.
In this case, I decided to set two goals.
I see the first target at 144,50, the second target at 142,50.
This is my opinion, I really hope it will be useful for you.
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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.