4 hour
The USD/JPY downtrend continued with a new lower low but price remains close to a strong support zone (green line) from the daily chart.
1 hour
The USD/JPY is in a bearish trend channel. A bullish break above the channel could indicate the end of the downtrend whereas a break below the support zone (horizontal green) could indicate a continuation of the downtrend.
4 hour
1 hour
Origin: Admiral Markets
